International Conveyors acquires equity shares of Religare Enterprises
The cost of acquisition is Rs 3.13 crore
International Conveyors has acquired the 1,40,000 equity shares of Religare Enterprises for investment purpose. The cost of acquisition is Rs 3.13 crore. Religare Enterprises is the holding company for one of India’s leading diversified financial services groups.
International Conveyors (ICL) is an India-based company. The company is engaged in manufacturing and marketing solid woven carcass reinforced fire retardant antistatic (FRAS) PVC Conveyor Belting in segment explosive fire hazardous underground mine application.
