Home »News and Events

Texmaco to be holding company for heavy engineering & foundry units

Temaco Ltd. of KK Birla group is reorganising & is shifting its core engineering business to a subsidiary comapany & is going to raise Rs 2 Billions for the proposed company by partly selling its stake to other investors to the tune of 10-15% to demerge heavy engineering & foundry business.

The Company is expected to double its wagon building capacity to approx 40 per day within a year.

« Back
Copyright©2007 www.foundryinfo-india.org. All Rights Reserved.  |  Disclaimer