AIA Engineering has entered into a Supply Agreement for 3 years with SAL Steel (SAL) for supply of Ferro Chrome by SAL to the company on nonexclusive basis. Consequent thereto, the company has also agreed to provide a secured Inter Corporate Deposit of Rs 125 crore to SAL which will be used by SAL to repay its loan / for working capital requirements.
AIA Engineering, a certified ISO 9001 company, specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries. Vega Industries is a wholly owned subsidiary of AIA Engineering, exclusively supplying its products, providing customer support and technical services to customers from its offices worldwide.
Company Name | CMP |
---|---|
Electrost Castings | 194.85 |
AIA Engineering | 3914.85 |
Kirloskar Ferrous | 606.80 |
Nelcast | 152.50 |
Alicon Castalloy | 943.95 |
View more.. |