Funds and ETFs HLE Glascoat Limited

HLE Glascoat Limited is an India-based manufacturer of specialized process equipment for the chemical and pharmaceutical industries. The Company’s segments include Glass Lined Equipment, Filtration, Drying and Other Equipment, and Heat Exchange Equipment. The Glass Lined Equipment business is engaged in manufacturing carbon steel glass lined equipment, such as reactors, receivers, storage tanks, columns, agitators, valves, pipes and fittings, and other similar equipment, related spares, and accessories. The Filtration, Drying and Other Equipment business is engaged in manufacturing of agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment and related spares and accessories. The Company’s products in the engineering business (filtration and drying equipment and glass-lined equipment) are predominantly used by the manufacturers of active pharma ingredients (API). Its subsidiaries include H L Equipments, Thaletec GmbH, and Thaletec Inc USA.