Acquisition of business unit of Rohit Ferro Tech Limited as a going concern on a slump sale basis

• Security Code: 513142
• Company: BALASORE

Balasore Alloys Ltd has informed BSE that consequent upon the approval granted by the Business Acquisition Committee of the Board of Directors, Company has executed a Business Transfer Agreement with Rohit Ferro Tech Limited for acquisition of its ferro alloys plant at Kalinganagar Industrial Complex, Duburi - 755 026, Dist- Jajpur, Odisha as a going concern on a slump sale basis.