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Shivalik Bimetal signs agreement to acquire industrial land, building in Himachal Pradesh

15 May 2024 Evaluate

Shivalik Bimetal Controls has signed an agreement for acquisition of industrial land and building at Solan, Himachal Pradesh from M/s Kulja Industries. The total cash consideration for this transaction of acquisition of land & Building is around Rs 6.50 crore excluding applicable fee, taxes and stamp duty. This transaction will enable the company in its future expansion activities. 

Shivalik Bimetal Controls is engaged in the business of Thermostatic Bimetal,CRT Component Shunts,Solder Reflow Material,Precision Stainless Steel,Snap Action Disc.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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