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Our Bureau

Mumbai , June 10

RAYMOND Ltd has informed the Bombay Stock Exchange that in terms of the Shareholder's Agreement dated September 9, 2000, entered into by the Company with EBG Gesellschaft Fur Elektromagnetische Werkstoffe GmbH (a ThyssenKrupp Company), Germany, in connection with the sale of the company's erstwhile Steel Division at Nashik, the company today (June 10, 2004) disposed of its entire shareholding of 25.40 million equity shares of Rs 10 each in EBG India Pvt Ltd.

More Stories on : Mergers & Acquisitions | Steel

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