Your location:  Home  >  Bearing News  >  
<<  Back

Sundram Fasteners Ltd acquires Equity Shares in TVS Infotech Limited

Resource from:  Equity Bulls Likes:217
Jun 15,2015
Sundram Fasteners Ltd has acquired 49.16% of equity share capital of TVS Infotech Limited from Sundaram Fasteners Investments Limited (SFIL), a wholly owned subsidiary of the company. TVS Infotech Limited (an unlisted company) is engaged in information technology business providing Enterprise Solutions for core industries like Manufacturing, Automotive and Distribution. With this acquisition, the company holds 49.16% stake in TVS Infotech Ltd. SFIL, a wholly owned subsidiary holds 13.10% of equity share capital of TVS Infotech Limited. Shares of SUNDRAM FASTENERS LTD. was last trading in BSE at Rs.155.7 as compared to the previous close of Rs. 158.05. The total number of shares traded during the day was 5701 in over 163 trades. The stock hit an intraday high of Rs. 159 and intraday low of 155.45. The net turnover during the day was Rs. 896627.
(Equity Bulls)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous  Zero-Max Load Adaptors Connect Pump Impellers in Underwater Applications
Next  Aug 17 Bearing Steel Price in Different Regions of China

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.