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India Steel Works sells stake in Indinox Steels

20 Mar 2024 Evaluate

India Steel Works has transferred 50000 Equity Shares of Indinox Steels, a wholly-owned subsidiary of the Company having no business activity since its incorporation. Thus, Indinox Steels ceased to be wholly owned subsidiary of the Company. The transfer deed executed on December 20, 2023. 

India Steel Works is engaged in manufacturing and trading of steel products, like Hot rolled, Bars & Rods, Bright Bars extra. 

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