Palco Metals has entered into the Share purchase agreement with Shareholders of subsidiary company -- Palco Recycle Industries to raise the further stake in the subsidiary company from existing 64.72 to 74.21%. Consequently, after completion of required formalities the stake of Palco Metals in its subsidiary Palco Recycle Industries will increase to 74.21%.
Palco Metals emerged to be a star performer in production of various Aluminum products & has been closely associated with the Indian Aluminum industry, playing a pivotal role in making aluminium a leading metal with innumerable uses to industrial requirements.
