Garg Furnace Limited to acquire major stake in Vaneera Industries, targeting growth in alloy steel and fasteners markets
Garg Furnace Limited, listed on the Bombay Stock Exchange, announced on September 7, 2024, that it would acquire a majority stake in Vaneera Industries Private Limited. This decision, aimed at expanding into the alloy steel and screws & fasteners sectors, could significantly alter the company’s market positioning and profitability. The announcement came after market hours […]