Krypton Industries gets nod for proposed scheme of amalgamation

Krypton Industries has received an approval for proposed scheme of amalgamation of Eco Wheels, a subsidiary company, Krypton Tyres and Barons Polymers with the company. The board at its meeting held on November 19, 2011 has given in-principle approval for the same.

Krypton Industries produces multi-cellular polyurethane tubeless cycle tires with technical knowhow obtained from Poly Air Tires of Canada. It has been manufacturing various OEM components and spare parts for the Rehab Care, Industrial segment and Bicycle Industry.