Fiem Industries purchases 7.65 acres of land for setting-up new factory in Gujarat

Fiem Industries Ltd. | Auto Ancillary | Automobiles | BSE: 532768 | NSE: FIEMIND

27 Mar 2014 Evaluate

Fiem Industries has purchased 7.65 acres of land for setting-up a new factory in District Ahemadabad, Gujarat. The land is at strategic location near upcoming factory of the Company's esteemed customer Honda Motorcycle & Scooter India (HMSI).

In this new Plant the Company will be manufacturing and supplying Automotive Lighting & Signaling Equipments, Rear View Mirrors as well as Plastic Molded Parts to upcoming factory of the Company's esteemed customer HMSI in Gujarat.

Fiem Industries is one of the leading manufacturers of automotive lighting & signaling equipments and rear view mirrors. The company is supplying its products to almost all major OEMs in the domestic market as well as few global OEMs.

Peers

Company Name	CMP
SamvardhanaMotherson	165.60
Tube Investments	2519.15
Bosch	48100.00
UNO Minda	1218.00
Bombay Burmah Trdg.	1435.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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