Astron Paper To Acquire Balaram Papers
2018-07-23 Merger and Acquisitions Paper Western India
Astron Paper & Board Mill Limited has informed that the board of directors of the company at its meeting approved investment in equity shares of Balaram Papers Private Limited by way of acquiring 40,35,000 Equity shares. After such investment, Balaram Papers Private Limited becomes the wholly owned subsidiary company of Astron Paper & Board Mill Limited subject to share transfer process and all other legal formalities.