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International Conveyors acquires equity shares in Central Depository Services (India)

13 Mar 2025 Evaluate

International Conveyors has acquired 27228 equity shares of Central Depository Services (India) (CDSL) for investment purpose. The cost of acquisition is Rs 2.946 crore.

CDSL is a market infrastructure institution and a crucial part of the capital market structure, providing services to all market participants - Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors.

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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