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Grindwell Norton to sell 49% stake held in SGSR

30 Oct 2023 Evaluate

Grindwell Norton has executed a Share Sale and Purchase Agreement with Shinagawa Refractories, Japan (SRC) and SG Shinagawa Refractories India (SGSR) on October 26, 2023 for sale of 49% equity shares held by the Company in SGSR. The sale will be completed on fulfillment of closing conditions.

Grindwell Norton is India's Leading Manufacturer & Exporter of Abrasives & Silicon Carbide.


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