Exedy Corporation, Japan one of the promoter of Exedy India Ltd has
announced that one of its wholly owned subsidiary, Exedy Clutch India
Private Limite, in India which is in similar line of business as that of
Exedy India Limited has received Government Order according
in-principle approval to a project proposal for establishing a
manufacturing unit for multi-pate clutch, continuance variable
transmission (CVT), clutch disc and clutch cover assembly and its
components for both 2 and 4 wheelers at Narasapur Industrial Area, Kolar
District, Karnataka and has extended infrastructure facilities (like
land, supply of water and power) and other incentives and concessions as
per industrial policy of the State of Karnataka. The above mentioned
Government order is valid for a period of 2 years from the date of
issue.
The Exedy India Limited stock closed the day at Rs.215, down by Rs.1.70 or 0.78%. The stock hit an intraday high of Rs.223.70 and low of Rs.211.
The total traded quantity was 175 compared to 2 week average of 215.
The Exedy India Limited stock closed the day at Rs.215, down by Rs.1.70 or 0.78%. The stock hit an intraday high of Rs.223.70 and low of Rs.211.
The total traded quantity was 175 compared to 2 week average of 215.
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