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| Updated on November 08, 2012 Published on November 08, 2012

With reference to the earleir announcement dated October 25, 2012, Indo Amines Ltd has now informed BSE that the Company have received Court order on November 02, 2012 from Hon’ble Mumbai High Court Sanctioning the Composite Scheme of Arrangement and Amalgamation between Versatile Chemicals Ltd and Palkar Commercials Pvt. Ltd and Indo Amines Ltd.

With the inclusion of Dhule plant & additional product line to Indo Amines Ltd, the Management has decided to invest Rs. 2 Crore in this financial year for expansion of production capacity and to improve on quality of output from the existing plant.

Source : BSE - >www.bseindia.com

Published on November 08, 2012
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