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Talbros Automotive Components completes partial disinvestment of non core assets

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Capital Market
Last Updated : Aug 09 2017 | 12:02 AM IST

To commence local raw material sourcing in Q4 FY 2018

Talbros Automotive Components has successfully completed the partial disinvestment of its non-core materials business assets by sale to the Indian affiliate of Interface Performance Materials, USA who are pioneers and leaders of gasket materials worldwide.

The Company has also entered into a raw material sourcing agreement with them to source various gasket raw materials from Interface's Indian manufacturing unit. The local raw material sourcing will commence in Q4 2018.

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First Published: Aug 08 2017 | 9:53 AM IST

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