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Cosmic CRF informs about updates on acquisition

17 Sep 2025 Evaluate
Cosmic CRF has informed that pursuant to Regulation 30 read Part A of the Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any modification(s) / amendment(s) / re-enactment(s) thereto), the Company is making the disclosure of setting up of plant manufacturing forging components under greenfield project by M/s. Cosmic Springs & Engineers Limited, (CSEL) subsidiary company of the Company. The Board of Directors of the Company in its meeting held on Friday, 23rd May, 2025 has approved the proposed investment by CSEL, its subsidiary. CSEL shall set up the manufacturing plant subject to completion of necessary regulatory formalities and approval of its shareholders. The details of said upcoming project are provided in Annexure A. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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