Corporate News     30-Apr-19
Board of Orient Refractories approves acquisiton of 'Intermetal Engineers India'
The Board of Orient Refractories has approved the acquisition of the entire paid-up equity share capital of 'Intermetal Engineers India' (IEIPL) [CIN: U28920MH1988PTC047421] a Company comprising of 1,597 equity shares of Rs.100/- each to make it a Wholly Owned Subsidiary of the Company.

Since Orient Refractories (ORL) is one of the biggest refractory industry in India and aiming to increase market share, therefore making IEIPL 100% subsidiary will help ORL to increase the revenue. Hence, it was considered prudent to acquire 100% shareholding of IEIPL.

Previous News
  RHI Magnesita India to conduct board meeting
 ( Corporate News - 29-Mar-23   11:07 )
  RHI Magnesita India revises board meeting date
 ( Corporate News - 30-Dec-22   12:41 )
  Orient Refractories consolidated net profit rises 23.37% in the December 2020 quarter
 ( Results - Announcements 13-Feb-21   10:51 )
  RHI Magnesita gains after board to mull fund raising on 1 April
 ( Hot Pursuit - 29-Mar-23   10:43 )
  Volumes soar at Nilkamal Ltd counter
 ( Hot Pursuit - 11-Jan-22   14:30 )
  RHI Magnesita India consolidated net profit rises 32.41% in the September 2021 quarter
 ( Results - Announcements 13-Nov-21   08:15 )
  KRBL Ltd leads losers in 'A' group
 ( Hot Pursuit - 31-May-23   15:00 )
  Orient Refractories standalone net profit rises 26.43% in the March 2016 quarter
 ( Results - Announcements 25-May-16   08:43 )
  RHI Magnesita completes acquisition of Hi-Tech Chemical's refractory biz
 ( Corporate News - 01-Feb-23   09:38 )
  Orient Refractories to hold board meeting
 ( Corporate News - 15-Jul-19   09:59 )
  RHI Magnesita India consolidated net profit rises 67.59% in the September 2022 quarter
 ( Results - Announcements 10-Nov-22   07:59 )
Other Stories
  Tridhya Tech to convene board meeting
  03-Jul-24   20:06
  Sonu Infratech schedules EGM
  03-Jul-24   19:59
  Sakuma Exports to convene AGM
  03-Jul-24   19:59
  Time Technoplast repays commercial paper
  03-Jul-24   18:31
  Board of Aditya Vision approves stock split and listing of share on NSE
  03-Jul-24   18:24
  Pricol director resigns
  03-Jul-24   18:21
  Board of VMS Industries recommends first interim dividend
  03-Jul-24   17:49
  Lakshmi Machine Works to declare Quarterly Result
  03-Jul-24   17:44
  Modison to convene AGM
  03-Jul-24   17:43
  Sybly Industries to discuss results
  03-Jul-24   17:43
Back Top