| `Western Transformers` to be renamed `Diamond Power Transformer’ |
Diamond Cables, at its meeting held Apr. 23, 2007, approved conversion & renaming of Western Transformers to the name & style `Diamond Power Transformer.` The company had acquired Western Transformers in March 2007.
Diamond Cables produces conductors, cables, wires and wire rods. The company`s plants are located in Savli ( Vadodara, Gujrat ), Nani Naroli, Sivassa ( Dadra & Nagar Haveli ).
Shares of the company were last trading on BSE at Rs 170.10, up by Rs 2.85, or 1.70%. Total volume of shares traded was 218,191.