MANUFACTURING
CUMI Infuses Funds Into Cyprus Arm In Lieu Of German Subsidiary Closure
Carborundum Universal Ltd (CUMI), a Murugappa Group company engaged in abrasives, ceramics and electrominerals, has infused $3 million (₹28.78 crore) into its wholly owned subsidiary CUMI International Ltd, Cyprus. The investment has been made through subscription to the equity share capital of CUMI International to meet its funding requirements related to the proposed closure of […]
