IMAP advised Pro Minerals on its sale to Essel Mining & Industries

IMAP is pleased to announce that Essel Mining & Industries has acquired Pro Minerals Private Limited for an Enterprise Value of circa INR 4.5 billion (~USD 65 million).

IMAP is pleased to announce that Essel Mining & Industries has acquired Pro Minerals Private Limited for an Enterprise Value of circa INR 4.5 billion (~USD 65 million).

Pro Minerals was established in 2010 as a joint venture between heavy industrial machinery company Hari Machines and investment company Jyotirmoyee International.

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