MoneyWorks4Me

CPEC gets nod for disinvestment of holdings in Euro Solar Power

06 Mar 2014 Evaluate

CPEC has received an approval for disinvestment/sale in the investment held in Euro Solar Power. The board of directors at its meeting held on March 05, 2014 has approved for the same subject to shareholders’ approval. The board has also approved for disinvestment/sale in the investment held in Kriscon Services.

CPEC, formerly known as Communication and Power Equipment Company, manufactures a wide range of industrial gearboxes. The company is leading supplier of engineering Services, gearboxes or gear units, cutting services, gearboxes, reduction gearboxes, gear cutting, gear cutting machining was founded in 1942.

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