| Updated on September 28, 2011 Published on September 28, 2011

Esab India Ltd has informed BSE that:

"Our parent Company Charter International Plc has informed us that Melrose Plc, which had earlier announced its intention to make an offer for acquiring the entire issued and to be issued share capital of Charter, has decided that in view of the current climate and in the best interests of its shareholders not to proceed with making an offer for Charter shares."

Source : BSE - >www.bseindia.com

Published on September 28, 2011
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