Skip to main content

MoneyWorks4Me

Symphony’s arm proposes to increase its share capital up to $ 5.15 million

30 Apr 2013 Evaluate

Symphony's Singapore based wholly-owned-subsidiary Sylvan Holdings, a thinly capitalized company with capital of $ 0.65 million has proposed to increase its share capital up to $ 5.15 million, which Symphony has decided to subscribe fully in different tranches by June 2013. These proceeds are meant to be used towards share subscription/loan of/to its subsidiary Impco S De R.L. de CV, Mexico, for its business needs.

Symphony is a publicly traded company established in 1988 in India with a manufacturing base in North America, offering products in over 60 countries.

Peers
Company Name CMP
Redington 336.80
Adani Enterprises 2730.10
Amrapali Industries 34.86
Maxgrow India 171.90
Rashi Peripheral 736.85
View more..