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Marsons subscribes 80% equity shares of Marsons Logistics

17 Nov 2011 Evaluate

Marsons has subscribed for approximately 80% equity shares of Marsons Logistics and accordingly Marsons Logistics has become the subsidiary of the company. The board at its meeting held on November 14, 2011 has taken the note of it.

Recently, the company had been recognised as in-house R&D unit by department of scientific and industrial research.

Marsons is in the business of manufacturing of power and distribution transformers and has also commissioned wind power project. Marsons manufactures power and distribution transformers ranging from 10 KVA to 100 MVA 132 KV class, furnace transformers, dry type transformers and various types of special application transformers. The company’s transformers of various rating have been successfully type-tested at CPRI in Bhopal and Bangalore.

Peers
Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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