Sealmatic India secures Rs 25 crore investment to expand globally and develop advanced seals.

Sealmatic India, a company listed on the Bombay Stock Exchange, has received a Rs 25 crore investment from Aegis Investment Fund PCC Niveza. The investment involves issuing 393,000 equity shares at Rs 636 each. The funds will help Sealmatic expand into key regions like the Middle East, Europe, and the U.S., invest in high-growth markets, and develop advanced mechanical seals for defense and nuclear applications.

November 28, 2024
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