International Conveyors has acquired the Equity shares of ‘Bajaj Finance’. The cost of acquisition is Rs 2.59 crore. Bajaj Finance is engaged in the business of lending and acceptance of deposits. Earlier, the company had acquired the Equity shares of ‘V.I.P. Industries’ for Rs 5.29 crore.
International Conveyors (ICL) is an India-based company. The Company is engaged in manufacturing and marketing solid woven carcass reinforced fire retardant antistatic (FRAS) PVC Conveyor Belting in segment explosive fire hazardous underground mine application.
