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India: Grasim Industries approves proposal of merger with Aditya Birla Chemicals

By  |  February 11, 2015

Grasim Industries announced that the Board of Directors of the Company at its meeting held on 11 February 2015, has considered and approved a proposal to merge Aditya Birla Chemical.

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    The proposed Scheme will inter alia require the approval of the Competition Commission of India, SEBI and the High Court of Judicature at Madhya Pradesh.

    Full Content: The Economic Times

     

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