Comments
Lloyd Electric & Engineering Ltd has signed an agreement with Lindab s.r.o. for the acquisition of an industrial shed spread over 7,092 sq.m. along with their parts and appurtenances located in the Cadastral Territory of Radotin, Prague, Czech Republic, for €0.8 million. The company has executed the agreement through its wholly owned subsidiary Janka Engineering s.r.o.
The said acquisition sets forth a major step in Company's strategy towards expansion of its operations in Prague, Czech Republic.
The stock, however, was down 3.32 per cent at Rs 42.2.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.