MoneyWorks4Me

TVS Srichakra gets nod for investments in UK subsidiary

14 Nov 2011 Evaluate

TVS Srichakra has received an approval for investment in equity shares of a subsidiary being formed in UK for acquisition of a distribution business in Europe. The board at its meeting held on November 12, 2011 has approved for the same.

TVS Srichakra is engaged in the business of tyre manufacturing. The company manufactures wide range of tyres for motorcycle, scooter, moped and three-wheelers. The company produces these tyres keeping in mind various features of different automobiles.

Peers
Company Name CMP
MRF 123227.50
Apollo Tyres 412.50
JK Tyres & Inds. 335.00
Ceat 3238.85
Balkrishna Inds. 2124.60
View more..