Acquisitions19 Feb 2024, 10:35 pm
Bhagyanagar India Limited Acquires Copper Business of Bhagyanagar Copper Private Limited
AI Summary
Bhagyanagar India Limited has acquired the copper business of its wholly owned subsidiary, Bhagyanagar Copper Private Limited, through a slump sale agreement dated 01.01.2024. The company has allotted 1,00,00,000 optionally convertible preference shares as part of the consideration for the slump sale.,
Key Highlights
- Acquisition of copper business
- Slump sale agreement
- Allotment of optionally convertible preference shares