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Super Iron Foundry gets nod to incorporate wholly owned subsidiary in UAE

14 Apr 2025 Evaluate

Super Iron Foundry’s board has approved the investment of funds of the company to incorporate a wholly owned subsidiary in the United Arab Emirates (UAE). The proposed company is being incorporated in Free Zone in UAE and is being formed for the purpose of setting up a Manufacturing and Trading hub of the company in the Middle East for catering to the Ductile and Cast-Iron business expansion plans of the company in the Middle Eastern countries and other relevant geographies.

The company board in their meeting held on April 12, 2025, has approved the same.

Super Iron Foundry is engaged in the business of iron and steel foundry, more particularly in the business of casting and manufacturing of access covers and gully grates used in roadway construction.


Peers
Company Name CMP
AIA Engineering 4092.90
Alicon Castalloy 730.00
Nelcast 109.05
PTC Industries 23691.75
Synergy Green Inds. 590.80
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