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AIA Engineering acquires additional 2.04% stake in WSL

08 Nov 2013 Evaluate

AIA Engineering has purchased 13,000 equity shares of Rs 10 each being 2.04% of the paid-up share capital of Welcast Steels, Ahmedabad (WSL), a subsidiary of the company. With the purchase of the said equity shares, the total shareholding of the company in WSL increased from 72.80% to 74.84%.

AIA Engineering is engaged in business of designing, developing, manufacturing, installing and servicing of high chromium wear, corrosion and abrasion resistant parts. These products are mainly used by cement, mining and thermal power generation industries.

AIA Engineering Share Price

3970.80 -37.20 (-0.93%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
AIA Engineering 3970.80
Alicon Castalloy 745.25
Nelcast 160.00
Steelcast 287.55
Synergy Green Inds. 581.55
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