Corporate News     06-Mar-17
Board of Hindustan Fluoro Carbons make note of proposal for divestment of Hindustan Organic Chemicals
At meeting held on 27 February 2017
Hindustan Fluoro Carbons announced that the Board of Directors at its meeting held on 27 February 2017 has noted the following -

The proposal of strategic disinvestment of the Company through outright sale of Hindustan Organic Chemicals, holding company shares consisting of 11060000 equity shares of Rs 10 each aggregating to Rs 56.43%.

GoI called tenders for engagement of asset valuer, legal advisors and transaction advisor for disinvestment of the Company.

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