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Shanthi Gears Limited ( (IN:SHANTIGEAR) ) has provided an announcement.
Shanthi Gears Limited announced that it has received a no-objection approval from both the National Stock Exchange of India Limited and BSE Limited for the reclassification of Coromandel Engineering Company Limited and Yanmar Coromandel Agrisolutions Private Limited from its promoter group category. This reclassification is part of the company’s strategic efforts to streamline its promoter group structure, potentially impacting its governance and shareholder dynamics.
More about Shanthi Gears Limited
Shanthi Gears Limited operates in the industrial manufacturing sector, specializing in the production of gears and gearboxes. The company focuses on providing high-quality mechanical power transmission products and services, catering to a diverse range of industries including textiles, cement, sugar, and steel.
Average Trading Volume: 2,628
Technical Sentiment Signal: Hold
Current Market Cap: 36.29B INR
Find detailed analytics on SHANTIGEAR stock on TipRanks’ Stock Analysis page.