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Technocraft Industries incorporates wholly owned subsidiary

18 May 2023 Evaluate

Technocraft Industries has incorporated a wholly-owned Subsidiary namely ‘Technocraft Extrusions’ (TEPL) on May 17, 2023. TEPL is incorporated for Scaffolding business of the company for manufacturing of Aluminum Extrusion. The company has subscribed 10,000 equity shares of Rs 10 each of TEPL on face value of Rs 10 each i.e. aggregate consideration is Rs 1 lakh. 

Technocraft Industries (India), the parent company of the Technocraft group, is one of the leading manufacturers of Drum Closure including Title Seal Flanges and Plugs, Tite Seal Gaskets, Tite Seal Leak Locks Plugs, Octagon base Drum Flanges & Auto Closure Systems.

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