Bajaj Indef Marks Milestone with Successful Listing on BSE and NSE
Mumbai (Maharashtra) [India], February 22: Indef Manufacturing Limited (“IML”) (BSE Scrip code: [544364], NSE symbol: [BAJAJINDEF]) has officially been listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), marking a significant milestone in its journey of innovation, excellence, and growth. The listing ceremony was commemorated with the ringing of the [...]
Mumbai (Maharashtra) [India], February 22: Indef Manufacturing Limited (“IML”) (BSE Scrip code: [544364], NSE symbol: [BAJAJINDEF]) has officially been listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), marking a significant milestone in its journey of innovation, excellence, and growth. The listing ceremony was commemorated with the ringing of the opening bell at BSE by Shri Shekhar Bajaj – Chairman of IML, MR. H. A. Nevatia – Founding Member, Mr. Amit Bhalla – Managing Director of IML and Ms. Radha Kirthivasan – Head of Listing & SME, Ms. Kamala K – Chief Regulatory Officer, BSE.
In 2022, Hercules Hoists Limited (HHL) initiated a strategic restructuring to optimize its business operations. This led to the demerger of its manufacturing division into a separate entity, IML, aiming for focused growth and enhanced operational efficiency. The company received an order from the Hon’ble National Company Law Tribunal (Mumbai Bench) on August 2, 2024.