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Modison incorporates wholly owned subsidiary

14 Jul 2023 Evaluate

Modison has incorporated a wholly owned subsidiary company named as ‘Modison Hitech’ on July 14, 2023. The company holds 100% shareholding in Modison Hitech. The objective of incorporation is to carry on the business of manufacture of other electrical equipment, processors and dealers in medium and high voltage electrical contacts, contacts for other industries, products for automative, engineering, aerospace, marine, defence and railway.  

Modison (Formerly known as Modison Metals) manufactures and markets electrical contacts for low, medium, high, and extra high voltage switchgear industries in India and internationally.

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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