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Heating Appliances Market to Hit USD 67.58 Billion by 2030 - Vimarsana News

Heating Appliances Market to Hit USD 67.58 Billion by 2030

Key companies covered in heating appliances market are Hitachi Ltd. (Japan), Electrolux AB (Sweden), Samsung Electronics Co. ...

Somany Home Innovation Limited completes slump sale of water heater business - Vimarsana News

Somany Home Innovation Limited completes slump sale of water heater business

Somany Home Innovation Limited completes slump sale of water heater business Posted On: 2020-12-31 00:20:49 (Time Zone: Arizona, USA) The Board of Directors of Somany Home Innovation Limited ("Company") had earlier approved the sale of water heater business undertaking (the "WHBU") being part of consumer product division of Company, to its wholly owned subsidiary M/s. Hintastica Private Limited (the "HPL") by way of slump sale through business transfer agreement. The aforesaid business transfer agreement was executed amongst the parties on 2nd July, 2020. Pursuant to the satisfactory com...