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Board of Orient Paper & Industries approves demerger of consumer electric undertaking

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At meeting held on 17 October 2016

& Industries announced that the Board of Directors of the Company at its meeting held on 17 October 2016 has considered and approved the demerger of the consumer electric undertaking of the Company into Orient Electric, the wholly owned subsidiary of the Company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 17 2016. 17:49 IST