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Mergers & Acquisitions | 20 March 2012

Nitco Acquires 51% Stake In New Vardhman Vitrified Pvt Ltd

by Charmi Gutka
Nitco Acquires 51% Stake In New Vardhman Vitrified Pvt Ltd
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Nitco Limited has acquired 51% stake in Surat based New Vardhman Vitrified Private Limited.

According to filing on BSE, New Vardhman Vitrified is setting up a tile plant with a capacity to manufacture 4.95 Mn sqmt p.a of Vitrified Tiles and 3.75 Mn sqmt p.a of Wall Tiles and the production is expected to commence within six months.

Reliance Capital Acquires Stake In Mahindra Satyam For R87Cr

Reliance Capital Acquires Stake In Mahindra Satyam For R87Cr

Reliance Capital Trustee Company has acquired stake in Mahindra Satyam through a bulk deal on exchange.

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Delta Corp Seeks To Exit Advani Hotels & Resorts India

Delta Corp Seeks To Exit Advani Hotels & Resorts India

Gaming and hospital firm, Delta Corp is planning to sell its 35.6% in Advani Hotels and Resorts India and has mandated Yes Bank for the same.

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