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Acquisition of business unit of Rohit Ferro Tech Limited as a going concern on a slump sale basis

| Updated on February 19, 2015 Published on February 19, 2015

Balasore Alloys Ltd has informed BSE that consequent upon the approval granted by the Business Acquisition Committee of the Board of Directors, Company has executed a Business Transfer Agreement with Rohit Ferro Tech Limited for acquisition of its ferro alloys plant at Kalinganagar Industrial Complex, Duburi - 755 026, Dist- Jajpur, Odisha as a going concern on a slump sale basis.

Source : BSE - >www.bseindia.com

Published on February 19, 2015
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