October 16, 2008

Ramsarup Industries exploring merger of its units

Ramsarup Industries Ltd has informed BSE that its board of directors at its meeting held on December 28th 2007, has decided to explore possibilities of merging Ramsarup Lohh Udyog Ltd with the Company.

The release added that “A Committee has been formed to take steps such as appointment of Solicitor, financial consultants etc. to assist the Company in this regard.”