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Welspun Corp to sell plate mill assets to Laptev Finance-- The 20th China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition
4/10/2019 金屬板材展-棒材-線材展 -plate metal expo-wire expo |
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Welspun Corp in a regulatory filing said that it will sell its plate mill asset to Laptev Finance. It said “The Board of Directors of the Company at its meeting held on March 30, 2019 approved the slump sale of the business undertaking of the company’sz Plates and Coils Mill Divisionto Laptev Finance Pvt Ltd for 848.5 crore.”
The business transfer agreement was executed between the two parties on March 31, and the sale is expected to be completed by end of this year.
The consolidated revenue of PCMD was INR 1,230 crore as on March 31, 2018.
金屬板材展-線材展-金屬加工展-2019第二十屆廣州國(guó)際金屬板材、棒材、線材及金屬加工設(shè)備展—全球三大金屬展之一巨浪展覽
-- The 20th China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition
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