Jai Corp decides to dispose its Indore unit

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No impact on production/ financial results from sale of the unit
Jai Corp announced that the Board of Directors has approved disposal of the Company's Indore Unit located at Pithampur on an as-is-where-is basis. Search for a suitable buyer will now commence.No material impact is expected on the production and/ or financial results of the Company on account of the sale of the Unit.
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First Published: Nov 05 2014 | 9:46 AM IST