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| Exchange Disseminated Time 29/09/2015 08:34:14 | | Texmaco Rail & Engineering Ltd has informed BSE that the Company has entered into definitive documentation to purchase the entire shareholding of UGL Rail Services Limited, Australia in Texmaco UGL Rail Private Limited for a nominal aggregate consideration of INR 1 (Indian Rupee one only). Pursuant to the acquisition of the aforesaid Shares, Texmaco UGL Rail Private Limited, which was a 50:50 joint venture between the Company and UGL Rail Services Limited, will become a wholly owned subsidiary of the Company. |
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