Stock Report

IFGL Refractories Updates on acquisition in UK and USA



Posted On : 2006-12-18 19:01:16( TIMEZONE : IST )

IFGL Refractories Updates on acquisition in UK and USA

IFGL Refractories Ltd has announced that 100% of the Issued, Subscribed and Paid-up Share Capital of Goricon Metallurgical Services Ltd of Wales, UK and Goricon LLC of Ohio, USA have been acquired by the Company on December 15, 2006 through its step-down subsidiaries in UK and USA respectively. Consequently, effective that date, said Companies have also become step-down subsidiaries of the Company.

Source : Equity Bulls

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