Grindwell Norton executes SPA to acquire entire stake in PRS Permacel
14th May 2022

Grindwell Norton has executed Share Purchase agreement (SPA) with shareholders of PRS Permacel (PRS Permacel) on May 12, 2022, for the acquisition of 100% equity shares of the PRS Permacel. The acquisition will be completed on fulfillment of closing conditions. Post-acquisition, PRS Permacel will become a 100% subsidiary of the company.

Grindwell Norton is India's Leading Manufacturer & Exporter of Abrasives & Silicon Carbide.