Financial Daily from THE HINDU group of publications
Saturday, Mar 23, 2002
News
Features
Stocks
Port Info
Archives

Group Sites

 Corporate - Announcements


Zuari to consider capital infusion into cement arm

Our Bureau

MUMBAI, March 22

ZUARI Industries Ltd (ZIL) today informed the BSE that an EGM of the company would be held on April 18 to consider investing a sum not exceeding Rs 53 crore in the equity capital of Zuari Cement Ltd (ZCL).

The other items to be considered include, giving a loan not exceeding Rs 50 crore to ZCL, giving a guarantee on behalf of Simon India Ltd for an amount not exceeding Rs 15 crore and giving a guarantee on behalf of ZCL for an amount not exceeding Rs 20 crore.

Send this article to Friends by E-Mail

Stories in this Section
It's `reorganisation' not stoppage of production, says Maruti

Toyota-Kirloskars equation unlikely to be disturbed
Zuari to consider capital infusion into cement arm
Essar Shipping board meet on March 30
Nohria quits Greaves board
Preferential placement for funds -- ITI in negotiation with BSNL
Wage dispute: HC rules in favour of Malco workers
HLL to transfer Diversey Lever to Johnson Wax
TotalFina in talks with Exxon to buy out LPG business
Japanese partner hikes stake in CG Igarashi
Paying Melodeon: Grasim seeks shareholders' nod
Aurobindo, Citadel in 50:50 joint venture
HealthScribe plans to diversify
It'll be break-even for Pepsi under Bakshi
Barista targets Rs 100-cr turnover
Tyco group sees 15 pc rise in sales
NIPM fellowship for Apollo Tyres V-P

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line