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International Conveyors acquires equity shares in Blue Jet Healthcare

01 Feb 2025 Evaluate

International Conveyors has acquired 48247 equity shares of ‘Blue Jet Healthcare’ for investment purpose. Cost of acquisition is Rs 3.4833 crore. The said acquisition is completed on January 31, 2025. 

Blue Jet Healthcare is a global, science-led, pharmaceutical company evolved as strategic partner for collaboration, development & manufacturing of advance pharmaceutical intermediates and API.

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.

Peers
Company Name CMP
Bharat Heavy Elect. 430.60
Thermax 3680.25
Kirloskar Industries 3830.40
Skipper 551.65
INDO-MIM 1018.90
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