Best & Crompton Engineering has received an approval for disinvestment of 34.27% of the equity shareholding of the company in Best & Crompton Green Tech. The board at its meeting held on January 21, 2013 has approved for the same. Pursuant to this, Best & Crompton Green Tech will cease to be an associate of the company.
Best & Crompton Engineering has operations in Electrical Contracting and manufacturing of pumps, Casting and other allied electrical items. It also manufactures process carbons, ferrous, non-ferrous and special alloy steel castings, valve actuators, generators, battery charging gadgets and electrical power transmission accessories.