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Falcon Tyres acquires 100% stake in Chamndi Plasto Sacks

20 Oct 2011 Evaluate

Falcon Tyres has acquired 100% shares of Chamndi Plasto Sacks pursuant to which, Chamndi Plasto Sacks has become subsidiary of the company with effect from October 18, 2011.

Falcon Tyres manufactures and markets a wide range of nylon bias ply tyres and butyl tubes for two and three wheelers, passenger cars , jeeps , light commercial and farm vehicles under the DUNLOP brand in Indian market and Falcon and Donin brands for export markets.

Peers
Company Name CMP
MRF 127882.15
Apollo Tyres 420.65
JK Tyres & Inds. 363.65
Ceat 3545.35
Balkrishna Inds. 2271.25
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