Held on 29 March 2017
Excel Industries announced that the Board of Directors of the company at its meeting held on 29 March 2017 has approved sale/transfer of the Environment & Biotech Division (ENBT) of the Company to its wholly owned subsidiary Company viz. Excel Bio Resources (EBRL) as a going concern on 'as is where is' basis by way of slump sale and the Company will make necessary equity investment not exceeding Rs.10 crore in EBRL.Powered by Capital Market - Live News
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