Rohit Ferro Tech enters into business transfer agreement

For sale of its Jajpur manufacturing Unit

Rohit Ferro Tech announced that the Company has on 19 February 2015 entered into a Business Transfer Agreement (BTA) with M/s. Balasore Alloys for sales of its Jajpur manufacturing Unit located at Kalinganagar Industrial Complex, P.O. Duburi - 755 026, Dist- Jajpur, Odisha as a going concern on slump sale basis, subject to the consent of the Company by a special resolution under section 180(1)(a) of the Companies Act, 2013 and other necessary statutory approvals.

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