 "JBF Petrochemicals inks paraxylene supply agreement with ONGC arm")
JBF Industries soared almost 20% to Rs 237 on the BSE in early morning trade after the media report suggested that the company is in discussions with potential buyers for a stake sale.
The BSE said the Exchange has sought clarification from JBF Industries on October 18, 2017 with reference to news in www.livemint.com dated October 18, 2017 quoting "JBF Industries is said to be in talks with Indorama group, Reliance Industries and The Chatterjee Group for a strategic stake sale." The reply is awaited.
According to report, the Mumbai-based polyester maker is in discussions with potential buyers
The BSE said the Exchange has sought clarification from JBF Industries on October 18, 2017 with reference to news in www.livemint.com dated October 18, 2017 quoting "JBF Industries is said to be in talks with Indorama group, Reliance Industries and The Chatterjee Group for a strategic stake sale." The reply is awaited.
According to report, the Mumbai-based polyester maker is in discussions with potential buyers
