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EQUITY - MARKET SCREENER

Titagarh Rail Systems Ltd
Industry :  Engineering
BSE Code
ISIN Demat
Book Value()
532966
INE615H01020
184.3695911
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
TITAGARH
56.45
11418.32
EPS(TTM)
Face Value()
Div & Yield %
15.02
2
0.12
 

authum investment & infrastructure ltd
Greenlam Industries announces acquisition of balance 33% in its Indonesian subsidiary
Apr 06,2026

Greenlam Asia Pacific, a wholly owned subsidiary of Greenlam Industries in Singapore (Singapore subsidiary) and Greenlam Industries SDN. BHD., a wholly owned subsidiary of Singapore subsidiary in Malaysia (Malaysia subsidiary), have jointly acquired the entire 33% local shareholding of PT. Greenlam Indo Pacific, a subsidiary of Singapore subsidiary in Indonesia (Indonesia subsidiary/ target entity ).

The Singapore subsidiary earlier held 67% shareholding in the target entity. Pursuant to the above acquisition, the collective shareholding of Singapore subsidiary and Malaysia subsidiary now stands at 100%. Consequently, the target entity has become a wholly owned (step-down) subsidiary of Greenlam Industries.