Announcement

Monday, June 22, 2009

Titagarh Wagons plans to buy Cimmco Birla

BS reported that Titagarh Wagons Limited's plan to buy stake in the sick wagon unit of the SK Birla Group, Cimmco Birla will materialize in a couple of months. Titagarh Wagons Limited along with the SK Birla Group will have to repay the INR 500 crore debt on Cimmco Birla's books.

Mr JP

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