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Carborundum Universal infuses $3 million into CUMI International
Oct-01-2026

Carborundum Universal has infused $3 million (around Rs 28.78 crore) into CUMI International (CIL), Cyprus, a wholly owned subsidiary of the company, by way of subscription to its equity share capital. The investment has been made to support the funding requirements of CUMI International in connection with the proposed closure of its wholly owned subsidiary in Germany, CUMI Awuko Abrasives GmbH.  The company held 100% of the share capital of CIL prior to the investment and continues to hold 100% of the share capital consequent to the investment. 

Carborundum Universal pioneered the manufacture of Coated Abrasives and Bonded Abrasives in India in addition to the manufacture of Super Refractories, Electro Minerals, Industrial Ceramics and Ceramic Fibres.  


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