LG Balakrishnan considers selling unit


MUMBAI, May 30 (Reuters) - Auto parts maker LG Balakrishnan & Bros Ltd said on Friday its board has considered the transfer or sale of the industrial chain division, subject to a satisfactory agreement with the prospective buyer.

Ahead of the news, shares in the company ended 1.65 percent down at 17.90 rupees in the Mumbai market.

(Reporting by Kaustav Roy; editing by Sunil Nair)



Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×