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Borosil Renewables informs about updates

22 Oct 2022 Evaluate
Borosil Renewables has informed that the overseas wholly owned subsidiaries of the Company, namely, Geosphere Glassworks GmbH and Laxman AG, have completed the acquisition of 86% stake in GMB Glasmanufaktur Brandenburg GmbH (GMB) and Interfloat Corporation (Interfloat), respectively. Consequently, both GMB and Interfloat have become step-down subsidiary companies of the Company with effect from 21 October 2021.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Asahi India Glass 1023.90
Borosil Renewables 405.65
Borosil Scientific 108.60
Haldyn Glass 133.50
Sejal Glass 846.45
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