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HLE Glascoat Ltd ( (IN:HLEGLAS) ) just unveiled an announcement.
HLE Glascoat Ltd has announced the completion of a Scheme of Amalgamation with Kinam Enterprise Private Limited, which has been approved by the National Company Law Tribunal. This merger, effective from August 7, 2023, results in an increased authorized share capital for HLE Glascoat, enhancing its financial capacity and potentially strengthening its market position.
More about HLE Glascoat Ltd
HLE Glascoat Ltd operates in the manufacturing industry, specializing in the production of glass-lined equipment. The company focuses on providing solutions for the chemical and pharmaceutical sectors, offering products that are essential for processing and storage applications.
Average Trading Volume: 48,732
Technical Sentiment Signal: Buy
Current Market Cap: 35B INR
See more data about HLEGLAS stock on TipRanks’ Stock Analysis page.