Comments
A step-down Dutch subsidiary of Ballarpur Industries — Ballarpur International Graphic Paper Holdings (BIGPH) — is evaluating and exploring options with International Finance Corporation for receiving a potential investment.
The company is also exploring the possibility of listing of equity shares of BIGPH at an overseas stock exchange. The company said it will issue further updates on the developments. IFC is a financial lending arm of the World Bank group. Any proposed investment would be subject to IFC’s management and board approval, the company informed the stock exchanges.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.