Hercules Hoists Limited Transforms Through Strategic Demerger: Introducing Indef Manufacturing Limited
Oct 09, 2024
New Delhi [India], October 9: In a strategic move, Hercules Hoists Limited (HHL) has undergone a significant transformation, resulting in the formation of two independent entities: HHL and Indef Manufacturing Limited (IML). As of October 1, 2024, this demerger marks a pivotal moment for both organizations, enabling them to focus on their core strengths and expand their operational capabilities in the material handling industry.
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