Remsons Industries Limited (REMSONSIND) — Board Meeting | 24 March 2026

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Remsons Industries' Board approved two material transactions on March 23, 2026. The company will divest its entire 35.86% stake in associate Astro Motors Private Limited for ₹10 crores to a non-promoter buyer, ending the associate relationship. Simultaneously, it will acquire the remaining 49% stake in subsidiary Remsons Edge Technologies Private Limited for ₹7.35 lakhs from promoters, achieving 100% ownership. Both transactions are expected to complete by March 31, 2026. The subsidiary manufactures brake components for rail and defense sectors.

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About Remsons Industries Limited (REMSONSIND)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹357.75 Cr P/E: 23.9

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