International Conveyors has acquired the equity shares of ‘La Opala RG’. The cost of acquisition is Rs 1.14 crore. La Opala RG is a leading manufacturer and marketer of life style product in the glassware segment. Earlier, the company had acquired the equity shares of ‘Religare Enterprises’.
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.