Corporate News 11-Feb-20
Board of Roto Pumps to set up marketing subsidiaries in Malaysia and Thailand
Board approves listing of shares on NSE
The Board of Roto Pumps at its meeting held on 10 February 2020 has approved the setting up of wholly owned subsidiaries in Malaysia and Thailand to carry out sales and marketing of the company's products supplied from India. The subsidiaries would source bought out components from local market/ import and also maintain the warehouse facility. The said subsidiaries would be set up as step down subsidiaries of Roto Overseas, a wholly owned subsidiary of the company in Singapore. This would involve a capital investment of Rs 6 crore. The Board also authorised the listing of shares of the company on the National Stock Exchange.
Previous News
Roto Pumps standalone net profit declines 24.40% in the June 2022 quarter
( Results - Announcements 14-Aug-22 14:29 )
Roto Pumps launches range of External Gear Pumps
( Corporate News - 10-Oct-17 20:19 )
Roto Pumps standalone net profit rises 111.90% in the December 2018 quarter
( Results - Announcements 09-Feb-19 17:25 )
Roto Pumps to declare Quarterly Result
( Corporate News - 22-Jun-20 17:31 )
Roto Pumps gathers pace after launching product
( Hot Pursuit - 11-Oct-17 09:28 )
Roto Pumps standalone net profit declines 26.12% in the September 2015 quarter
( Results - Announcements 12-Nov-15 15:53 )
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( Corporate News - 03-Feb-20 12:58 )
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( Corporate News - 06-Jul-18 14:35 )
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( Results - Announcements 23-Jun-08 18:30 )
Roto Pumps to hold AGM
( Corporate News - 12-Sep-16 14:46 )
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