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| Exchange Disseminated Time | IVP Ltd has informed BSE that the Company has entered into an in principle Business Purchase Agreement with Carborundurn Universal Ltd, a Company in the Murugappa Group based at Chennai, for the sale of its said division as a going concern subject to fulfillment of statutory and other formalities. The deal is expected to be completed shortly.
The Ceramic Division of the Company with the manufacturing plant located at Aurangabad, manufactures and sells a range of High Alumina Engineered Ceramic products like Ignitors, Seals, Thread Guides, Nozzles etc. |
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