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Zuari Global announces new subsidiary

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Capital Market

After Zuari Investments acquired 26.27% stake in Gobind Sugar Mills

Zuari Global announced that Zuari Investments, a wholly owned subsidiary of the Company has acquired additional 26.27% (totaling 51.27%) equity shares of Gobind Sugar Mills (GSML) and therefore GSML has become a subsidiary of Zuari Investments. Consequently, GSML has also become subsidiary of Zuari Global.

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First Published: Sep 26 2014 | 1:16 PM IST

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