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| Exchange Disseminated Time | Dalmia Bharat Sugar and Industries Ltd has informed BSE that the Board of Directors of the Company has decided to acquire an existing Sugar manufacturing plant situate near Kohlapur, Maharashtra, having a cane crushing capacity of 2,500 tonnes cane crushed per day, subject to approval of the existing lenders under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and other approvals, if any.
DBSIL currently operates an aggregate of 22,500 tonne cane crushed per day at its existing plants in Uttar Pradesh and is a key supplier of sugar in the North Indian markets.
The above decision was taken by the Board in their Meeting held on August 21, 2012. |
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