To acquire ferro alloys plant on slump sale basis

Balasore Alloys announced that consequent upon the approval granted by the Business Acquisition Committee of the Board of Directors, Company has executed a Business Transfer Agreement with Rohit Ferro Tech for acquisition of its ferro alloys plant at Kalinganagar Industrial Complex, Duburi - 755 026, Dist- Jajpur, Odisha as a going concern on a slump sale basis.

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First Published: Feb 19 2015 | 7:01 PM IST

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