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Dynamatic Technologies concludes sale of subsidiary's foundry biz

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Capital Market
Last Updated : Jul 24 2021 | 5:31 PM IST

On 22 July 2021

Dynamatic Technologies has concluded the sale of the foundry business assets of its wholly owned subsidiary JKM Ferrotech (JFTL), to M/s Danblock Brakes India (DBIPL), an Indian subsidiary of the US $ 2 Bn MAT Holdings, Inc. of USA. The transaction has been concluded on 22 July 2021.

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First Published: Jul 24 2021 | 5:10 PM IST

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