prakash steelage ltd
(PKSL:National Stock Exchange of India)
Transactions by PRAKASH STEELAGE LTD (PKSL) in the last 6 months
Tubacex, S.A. (CATS:TUB) agreed to acquire 67.53% stake in seamless stainless steel tube division of Prakash Steelage Limited (NSEI:PRAKASHSTL) for INR 2.1 billion on February 13, 2015. The business will be transferred to a new company. Seamless Stainless Steel Tube Division reported turnover of INR 1.75 billion. Prakash Steelage Limited will use the proceeds from the sale to pay off debt and gain access to the Spanish company's export markets and technology. The transaction ...
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