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Sona BLW Comstar acquired Escorts Kubota's Railway Equipment Division (RED) for an enterprise value of Rs 1,600 crore. The ...
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Sona BLW share price saw an 11% increase to ₹713.75 after the company entered into an agreement to acquire the railway ...
Escorts Kubota announced on Wednesday that it has signed a business transfer agreement with Sona BLW Precision Forgings Ltd.
The company on Wednesday also announced its September quarter results with net profit jumping 15.7 percent at Rs 143.6 Ccrore against Rs 124.1 crore on-year.
Sona BLW has agreed to acquire Escort Kubota's 'Railway Equipment Division' company as a going concern on a slump sale basis.
Escorts Kubota Ltd on Wednesday said it will sell its railway equipment business division to Sona BLW Precision Forgings Ltd ...
The firm said the decision was in line with its strategic focus on the agri- and construction equipment sector.