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International Conveyors acquires equity shares in Sterling and Wilson Renewable Energy

28 Feb 2025 Evaluate

International Conveyors has acquired 138856 equity shares of Sterling and Wilson Renewable Energy for investment purpose. The cost of acquisition is Rs 3.49 crore. 

Sterling & Wilson Renewable Energy is end-to end solar EPC solutions provider from Concept to Commissioning with an asset-light business model.

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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