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Thai Indo Steel Co allots shares, becomes subsidiary

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Capital Market

On 11 December 2013

Gyscoal Alloys announced that Thai Indo Steel Co., incorporated and situated in Bangkok allotted 229500 shares at the rate of 100 Baht each to Gyscoal Alloys on 11 December 2013. Hence, pursuant to this investment Thai Indo Steel Co has become the subsidiary of Gyscoal Alloys.

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First Published: Dec 12 2013 | 5:13 PM IST

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