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Orient Paper & Industries provides update on proposed demerger

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Last Updated : Oct 27 2016 | 6:02 PM IST

CARE places credit ratings for bank facilities & CP on credit watch

Orient Paper & Industries announced that the credit rating for Term loans / Bank facilities and Commercial paper of the Company has been placed on credit watch by Credit Analysis & Research (CARE) in view of the proposed demerger of the Company's Consumer Electric Business into its Wholly Owned Subsidiary Company, Orient Electric.

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First Published: Oct 27 2016 | 5:37 PM IST

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