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Nagpur Power & Industries increases shareholding in Motwane Manufacturing

11 Mar 2013 Evaluate

Nagpur Power & Industries subsidiary company ‘The Motwane Manufacturing Company’ on March 08, 2013 has issued a total of 71,832 equity shares to the company for a total amount of Rs 43.09 crore thereby increasing the company’s shareholding from 56.28% to 66.25% in the subsidiary company.

Earlier the company had made an application for acquiring additional equity shares via right issue offered by its subsidiary company ‘The Motwane Manufacturing Company’ in the month of February 2013.

Nagpur Power & Industries is an India-based company. The company is engaged in the manufacture of high-carbon ferro manganese, high-carbon silico manganese and medium-carbon ferro manganese.

Nagpur Power & Inds. Share Price

170.45 -1.05 (-0.61%)
17-Apr-2026 16:59 View Price Chart
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