Financial Daily from THE HINDU group of publications
Monday, Oct 04, 2004
Financial Daily from THE HINDU group of publications Monday, Oct 04, 2004 |
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Corporate
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Mergers & Acquisitions Sagar Cements board okays Power merger Our Bureau
Hyderabad , Oct. 3 SAGAR Cements Ltd has informed the stock exchanges that its board at a meeting held on Wednesday has taken a decision in principle to merge its subsidiary company Sagar Power Ltd with it and to take necessary steps to implement the same. Further, the company said its shareholders at the annual general meeting held on September 29 have approved through postal ballot the sale, lease or otherwise disposal of the grinding unit of the company located at Bayyavaram in Andhra Pradesh.
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