Rama Pulp to acquire additional capacity of 40,000 TPA

Rama Pulp & Papers Ltd has announced that the Board of Directors of the Company at its meeting held on December 11, 2006 has discussed various issues related to expansion and modernization of existing capacity and acquisition of additional capacity. It was resolved that the company shall go for acquisition of additional capacity of around 40,000 TPA. The targeted investment for this acquisition would be around Rs 60.00 Crores.

Source : Equity Bulls

Keywords