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Home arrow News arrow New Project news arrow Sundaram Hydraulics setting up manufacturing plant for Hydraulic Cylinders
Sundaram Hydraulics setting up manufacturing plant for Hydraulic Cylinders Print E-mail
Written by Jeeva   
Tuesday, 29 January 2008
Mumbai: Wheels India Ltd has informed BSE that the Company proposes to invest a sum of Rs 735 lakhs in the paid-up capital of Sundaram Hydraulics Ltd, a project to be set-up jointly with Sundaram Finance Ltd, for manufacture of Hydraulic Cylinders. The Company and Sundaram Finance Ltd will hold a stake of 49% each in the paid-up capital of Sundaram Hydraulics Ltd.

Sundaram Hydraulics is setting up a plant for manufacturing of Hydraulic Cylinders.

 
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