Bansal Wire Industries has completed the acquisition by purchase of the remaining 23.85% stake in Bansal Steel & Power. Consequent to completion of this acquisition and other closing conditions as mentioned in the Share Purchase Agreement, the company’s shareholding in Bansal Steel & Power has increased from 76.15% (pre-acquisition) to 100% (post-acquisition) and Bansal Steel & Power has become a Wholly Owned Subsidiary of the company with effect from August 8, 2024.
Bansal Wire Industries manufactures high and low carbon steel wires/ galvanized wire / cable armoring wires and strips / stainless steel wires / profile, shaped wires, speciality wires and so on which have multiple application.
| Company Name | CMP |
|---|---|
| Tata Steel | 189.85 |
| JSW Steel | 1229.75 |
| Steel Authority | 170.00 |
| Jindal Stainless | 698.45 |
| APL Apollo Tubes | 1789.25 |
| View more.. | |
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