Orient Abrasives’ promoters have entered into an agreement on December 17, 2013 for sale of 46,65,000 equity shares held by them in the company aggregating to 3.90% at a price of Rs 26.50 per share to Trincass Vyapaar.
Orient Abrasives offers a wide range of Refractory and Monolithic products for the iron and steel industry and enjoy large domestic and international clientele. An in-house R&D facility supports the division’s product development initiatives.
| Company Name | CMP |
|---|---|
| RHI Magnesita | 403.20 |
| Vesuvius India | 523.45 |
| IFGL Refractories | 192.65 |
| Orient Ceratech | 42.00 |
| Foseco Crucible Ind | 1373.45 |
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