The company supplies its products to 9 out of top 10 global tyre manufacturers and to all of the top 11 tyre, paint, footwear and cosmetics manufacturers in India
The warehouse park will be spread over an area of 1 million square feet.
The center will be set at Thiruvananthapuram campus of Tata Elxsi.
These EV charging points are to be installed at fuel stations of these companies.
The Rs 865-crore public issue will comprises a fresh issue of Rs 320 crore and an offer-for-sale of up to Rs 545 crore.
The proposed merger of Butterfly Gandhimati (BGAL) with Crompton is a timely and logical step, post Phase–I of BGAL’s integration. It is was much required to drive synergies in GTM, revenues and cost from the BGAL acquisition.
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