MoneyWorks4Me

Autoline Industries’ arm executes term sheet with Smart Value Homes

12 Aug 2013 Evaluate

Autoline Industries’ subsidiary - Autoline Industrial Park has executed a term sheet with Smart Value Homes, a wholly owned subsidiary of Tata Housing Development Company on August 11, 2013 to explore the possibility of development of Special Township on its land located at Chakan in Pune.

Besides, the company and Sharjah Cement & Industrial Development Company, Sharjah, have signed the term sheet in their capacity as majority shareholders of Autoline Industrial Parks.

Autoline Industries is a manufacturer of pressed sheet metal automotive components and assemblies, and is engaged in design engineering for automotive original equipment manufacturers (OEMs) based in India, the US and Europe.

Peers
Company Name CMP
SamvardhanaMotherson 157.50
Tube Investments 2338.60
Bosch 45599.85
UNO Minda 1115.00
Bombay Burmah Trdg. 1334.15
View more..