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Kirloskar Ferrous Industries to acquire pig iron plant of VSL Steels

Amir Shaikh / Article rating: 4.1

Kirloskar Ferrous Industries informed the bourses during the weekend that its board of directors at a meeting held on September 12, 2020, has granted in-principle approval for the acquisition of movable & immovable assets relating to the pig iron plant of VSL Steels for a cash consideration of not exceeding Rs 135 crore, payable in installments