Gujarat Apollo invests further Rs 74 mn in Apollo Earthmovers
Gujarat Apollo Industries has further invested Rs 74 million in Apollo Earthmovers to make it a subsidiary. The total investment has increased from Rs 59 million as of March 31, 2007 to Rs 133 million.
By INDIATIMES NEWS NETWORK |
MUMBAI: Gujarat Apollo Industries has further invested Rs 74 million in Apollo Earthmovers to make it a subsidiary. The total investment has increased from Rs 59 million as of March 31, 2007 to Rs 133 million.
The company has also invested Rs 12 million in Apollo Construction Equipments, and plans to make it a subsidiary in FY 2008-09.
Apollo Industrial Products is a subsidiary of Apollo Earthmovers, whose consolidated revenue in FY 2007-08 was Rs 800 million.
The company has also invested Rs 12 million in Apollo Construction Equipments, and plans to make it a subsidiary in FY 2008-09.
Apollo Industrial Products is a subsidiary of Apollo Earthmovers, whose consolidated revenue in FY 2007-08 was Rs 800 million.
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