International Conveyors has acquired the Equity shares of Central Depository Services (India). The cost of acquisition is Rs 15.92 crore. Central Depository Services is a Market Infrastructure Institution and a crucial part of the Capital market structure, providing services to all Market participants - Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors.
International Conveyors (ICL) is an India-based company. The Company is engaged in manufacturing and marketing solid woven carcass reinforced fire retardant antistatic (FRAS) PVC Conveyor Belting in segment explosive fire hazardous underground mine application.
