The Sarda group intends to acquire the 10 per cent stake of financial institutions and insurance companies in BSL Ltd, formerly Bhilwara Synthetics.

This was a precursor to an open offer for BSL, said Ghanshyam Sarda, a member of the Sarda group and the brain behind the acquisition. The offer follows the Sarda group

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First Published: Apr 29 2002 | 12:00 AM IST

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