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Banco Products Announces Financial Results, Dividend, and Strategic Acquisitions

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Banco Products Announces Financial Results, Dividend, and Strategic Acquisitions

Banco Products (India) Limited ( (IN:BANCOINDIA) ) has provided an announcement.

Banco Products (India) Limited held a board meeting on February 8, 2025, where several key decisions were made. The company approved its unaudited financial results for the quarter and nine months ended December 31, 2024, and declared an interim dividend. The board also made appointments and reappointments to the board of directors, approved a postal ballot notice, and decided to acquire a business related to coating and planting of automotive components from Padra Coating Works LLP. Additionally, the meeting noted the completion of terms for two independent directors, expressing appreciation for their service.

More about Banco Products (India) Limited

Banco Products (India) Limited operates in the automotive industry, providing products such as automobile gaskets and radiator parts. The company is recognized as an export house and focuses on manufacturing and supplying components for the automotive sector.

YTD Price Performance: -10.16%

Average Trading Volume: 55,538

Current Market Cap: 65.95B INR

See more insights into BANCOINDIA stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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