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RIETER LMW MACHINERY
- Rieter fully exits Lakshmi Machine WorksRieter has sold its residual 3.48% stake in Lakshmi Machine Works for about Rs 78.40 crore in an open market transaction on Tuesday.
- Rieter to exit Indian joint venture with LMWSwiss company Rieter has decided to exit its 17-year-old joint venture with Lakshmi Machine Works by selling its 50% stake to the latter.
- Lakshmi Machine Works's partner Rieter to exit JVPost the transaction, RLM would become a wholly-owned unit of LMW, which would continue to utilise the facility for manufacture of textile ...
- Superior ways to spinDisentangled from the Press Note 1 bar in relation to its joint venture with Coimbatore-based Lakshmi Machine Works, Swiss textile machiner...
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