MoneyWorks4Me

Binani Industries to merge WIEL with itself

12 Nov 2013 Evaluate

Binani Industries has decided to merge Wada Industrial Estate (WIEL), a wholly owned subsidiary with the company effective December 01, 2013. The board of directors at its meeting held on November 11, 2013 has approved for the same.

Binani Industries is the holding company of the $1.6-billion Braj Binani Group. The business portfolio of Binani Industries includes sectors like cement, zinc, glass-fiber and downstream composite products.

Peers
Company Name CMP
Grasim Industries 2903.05
DCM Shriram 1012.15
3M India 30605.30
Hindustan Foods 577.55
Balmer Lawrie & Co 159.05
View more..