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Best & Crompton to disinvest 34.27% in Best & Crompton Green Tech

24 Jan 2013 Evaluate

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.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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