Remsons Industries’ wholly owned subsidiary -- Remsons Holding has entered into Share Purchase and Share Holders Agreement and acquired 51% shareholding in BEE Lighting, UK. Consequently, the BEE Lighting has become stepdown subsidiary of the Company. Bee Lighting is engaged in the business of lighting in the automotive & other sectors.
The object of acquisition of stake in BEE Lighting is to diversify and offering a larger basket of products to its current and new Automotive customers globally.
Remsons Industries is an OEM Manufacturer supplying to two, three, four wheelers all over India and exports globally.