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Wednesday, Jan 30, 2002
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 Corporate - Restructuring


Aruna hive-off

Our Bureau

CHENNAI: Aruna Sunrise Hotel has informed the Bombay Stock Exchange that its board has approved a proposal to hive off the s unit at Ranipet which manufactures ferric and non ferric acid to a wholly-owned subsidiary.

Company officials said the rationale behind the move was to concentrate on the core business of hospitality.

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