Electrotherm (India) has incorporated it’s wholly owned subsidiary - Electrotherm Mali SARL in the Republic of Mali, Africa.
Last year in June, Electrotherm (India) has acquired the 100% shareholding of Hans Ispat and remaining shareholding of Shree Hans Papers, a subsidiary of Hans Ispat. In April the company had agreed to buy entire stake in Shree Ram Electro Cast at a total consideration of up to Rs 85 crore.
Electrotherm India is engaged in the manufacture of a wide spectrum of products for the metal melting industry.
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