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Neo Corp International acquires Neoflex Infracon

02 Jun 2011 Evaluate

Neo Corp International has acquired an Indore based -- Neoflex Infracon -- engaged in the infrastructure and construction business, by acquisition of its 99.99% shares. Following this acquisition, Neoflex Infracon becomes the wholly owned subsidiary of Neo Corp International.

The company is engaged in making tailor designed products under Packtech. It reached the status of a fore-runner internationally as a reliable supplier of Packtech products.

Peers
Company Name CMP
Vardhman Textiles 525.35
Welspun Living 250.15
Arvind 498.00
Raymond Lifestyle 537.00
K.P.R. Mill 1194.55
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