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Adhunik Metaliks to sell investment in Adhunik Power Transmission

15 Nov 2011 Evaluate

Adhunik Metaliks has entered into a share purchase agreement for sale of its investment in one of its subsidiaries, Adhunik Power Transmission.

Adhunik Power Transmission (formerly known as Unistar Galvanisers & Fabricators) is into the manufacture and galvanization of telecommunications and power transmission towers.

Adhunik Metaliks is the flagship company of the Kolkata-based Adhunik Group of Industries and is engaged in manufacturing of wide range of special steels used for different applications in the fields of automobile, construction and engineering.

Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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