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Suprajit Engineering informs about completion of first stage of acquisition

16 Jul 2024 Evaluate

With reference to its Press Release dated June 9, 2024 regarding ‘the acquisition of the business of Stahlschmidt Cable Systems (SCS), out of insolvency proceedings in Germany’. Suprajit Engineering has informed that the company has signed the closing memorandum for Asset and business acquisition in Germany and equity purchase in Poland and Morocco as First Stage of acquisition of the business of Stahlschmidt Cable Systems (SCS). 

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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