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International Conveyors acquires equity shares in TD Power Systems

08 Apr 2025 Evaluate

International Conveyors has acquired 84620 equity shares of TD Power Systems for investment purpose. The cost of acquisition is Rs 3 crore. TD Power Systems manufactures generators & motors, catering to multiple industries with reliable & efficient power solutions.

Earlier, the company had acquired 187925 equity shares of CCL Products (India) for investment purpose.

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. 387.00
Zetwerk Manufactur 138.30
Thermax 3095.60
Kirloskar Industries 3043.90
Skipper 474.80
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