Raghav Jugendra Singh gets share in Uralredmet

Raghav Jugendra Singh bought a 6.1% shareholding in OAO Uralredmet, the company reports, whereas OOO Claris & Co that used to own an equal share is no longer the company’s stockholder.

The company last underwent a change of stockholders in November 2010 when LAOAG Technical & Metallurgical Services Limited acquired a 15.78% shareholding in the business. The company reported then that the holding was bought from Raghav Jugendra Singh, who, in his turn, bought it from Gobest International Limited at the end of October 2010.

OAO Uralredmet makes vanadium alloys and vanadium bullions for the needs of the nuclear, electronic goods-making, and aviation industries. The plant is on General Electric and Timet’s official suppliers list.

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