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Visa Steel Ltd Updates On Sale Of Business


Monday, 18 Mar 2013 07:09am EDT 

Visa Steel Ltd announced that pursuant to the Agreement for Sale of Business entered by the Company with VISA Coke Limited (VCL) on November 20, 2012, the Company has transferred its business of manufacturing and sale of metallurgical coke and the associated steam generation units located at Kalinganagar Industrial Complex, Odisha by way of Slump Sale on a going concern basis to VCL. The Company had earlier received the approval of the members for the aforesaid by Postal Ballot. The aforementioned parties to the Agreement for Sale of Business have achieved closing on March 18, 2013. 

Company Quote

20.0
0.45 +2.30%
22 Aug 2014