Board of BS approves acquisition of four companies for Rs 937 crore

At meeting held on 20 May 2015

BS announced that the Board of Directors of the Company at its meeting held on 20 May 2015 approved the acquisition of four companies on slump sale basis for a lump sum net consideration of Rs 937 crore. The consideration is proposed to be discharged through issuance of upto 22,30,95,100 equity shares of face value Re 1 each at a price determined under SEBI regulations.

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