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Sundram Fasteners provides update on its UK subsidiary

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Capital Market
Last Updated : Mar 03 2016 | 8:01 PM IST

Cramlington Precision Forge redeems preferential holding worth Rs 4.74 crore

Sundram Fasteners announced that Cramlington Precision Forge, United Kingdom, the Company's wholly-owned overseas subsidiary has redeemed the Company's preferential shareholding of 5,00,000 shares at par (GBP 1 each) equivalent to Rs 4,74,95,000 (Rupees Four Crore Seventy Four Lakhs and Ninety Five thousand only) on 01 March 2016.

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First Published: Mar 03 2016 | 7:41 PM IST

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