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20 Microns acquires stake in 20 Microns SDN BHD

04 Oct 2024 Evaluate

20 Microns has acquired 545454 number of shares in its Malaysian based wholly owned subsidiary namely 20 Microns SDN BHD. The acquisition is for forward integration of minerals business and operations of the company on the global level. The total acquisition cost is RM 1,19,99,988 (around Rs 24.37 crore).

20 Microns is engaged in Business of Industrial Micronised Minerals and Speciality Chemicals.


Peers
Company Name CMP
Coal India 411.85
NMDC 79.70
Ashapura Minechem 525.80
Sandur Manganese 185.45
GMDC 556.60
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