Bajaj Steel Industries has incorporated two wholly owned subsidiaries in Brazil, namely ‘Bajaj Continental and Bajaj Services’ with effect from February 13, 2025. The subsidiaries have been incorporated to carry out and expand the company’s business in the continent of South America and other part of the world. The company has acquired 100% stake in Bajaj Continental for 60,000 Brazilian Reias and acquired 100% stake in Bajaj Services for 5,000 Brazilian Reias.
Bajaj Continental and Bajaj Services will carry on the business of trading & service with effective from cotton ginning processing machineries and its ancillary parts, pre-fabricated steel buildings, electrical panels, heavy engineering, hydraulic products, firefighting systems and other industrial products.
Bajaj Steel Industries is a dynamic e-commerce company dedicated to providing clients with a full spectrum of Cotton Baling Press and steel industries solutions.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
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