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The company got itself listed on the stock exchange in 1986 and became India's third-largest player in the gears industry. In 2012, Shanthi Gear Products was acquired by the Murugappa Group's Tube Investments of India for Rs 464 crore, including a public open offer for a 26% stake, in Shanthi Gears. [5]
In 2012, Tube Investments bought a 44.12% controlling stake in Coimbatore-based Shanthi Gears for ₹ 292 crore. [ 2 ] In 2014, the large diameter tubing plant was inaugurated
[6] [2] Headquartered in Chennai, the major companies of the Group include Carborundum Universal, Cholamandalam Financial Holdings, Cholamandalam Investment and Finance, Cholamandalam MS General Insurance, Coromandel International, EID Parry, Parry Agro Industries, Shanthi Gears, Tube Investments of India, Wendt (India), and CG Power and ...
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Shanthi Feeds Limited is an Indian multinational food products company headquartered in Coimbatore, India. The company was started in 1988 and is involved in broiler farming, hatcheries, feed mills for poultry and cattle, farming of soya, corn and wind energy projects. It markets and exports broiler chicken, frozen chicken, chicken eggs.
Goundamani was born as Subramaniyan on 25 May 1939 in Vallakundapuram, a village near Udumalaipettai in Coimbatore, Tamil Nadu, India. [2] His father is Karuppaiya and his mother is Annammal. He married Shanthi in 1963 and has 2 daughters. [9] [10]
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[4] [5] In 2010, Coimbatore ranked 15th in the list of most competitive (by business environment) Indian cities. [6] Coimbatore has trade associations like CODISSIA, COINDIA and COJEWEL representing industries in the city. Coimbatore also has a 160,000 square feet (15,000 m 2) trade fair ground, built in 1999. It was named COINTEC due to its ...