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Century 21st Portfolio plans to acquire Ambe Gowri Chem through merger

16 Jan 2012 Evaluate

Century 21st Portfolio has identified Jay Ambe Gowri Chem, which it is planning to acquire through merger in order to strengthen the company by following the mode of inorganic growth. M M Reddy & Co., Chartered Accountants, have been approached by the company to conduct a detailed study and to make out a valuation report for the purpose of merger.

The company is also inviting persons with expertise and experience in the specialized field for making better contribution towards its growth and development. The managing director of the company is authorized to take all necessary steps as may be required for giving effect to the decision on merger.

Jay Ambe Gowri Chem is located in the state of Andhra Pradesh and is engaged in the business of chemicals and allied activities.

Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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