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    Corporate Announcement
    Security Code : 533014    Company : SICAGEN    
     
    AcquisitionDownload PDF Download XBRL
      Exchange Received Time  06-09-2017 19:11:00         Exchange Disseminated Time   06-09-2017 19:11:11              Time Taken   00:00:11
    In continuation of the proposal to acquire 100% equity capital of Danish Steel Cluster Private Ltd (Danish Steel) in three tranches, of which the Company has already completed acquisition of 60%, the Company has now proposed to acquire the remaining 40% of the equity capital of Danish Steel and complete the entire transaction on or before 31st December 2017. In order to complete the proposed 40% acquisition, the Board at its meeting held on 06th September 2017 has approved the proposed transaction.
     

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