Titagarh Wagons has informed that the Board of Directors of the Company at its meeting held on January 28, 2014, has approved in principle the decision to make a foray into manufacture of tractors and/or other agriculture equipments through its wholly owned subsidiary - Titagarh Agrico Private Limited. It is envisaged that the project would be undertaken at the existing facilities of a jointly controlled entity at Bharatpur (Rajasthan) on mutually agreeable terms and conditions, subject to compliance with the applicable provisions of law.
The above information is a part of company’s filings submitted to BSE
