Jai Corp gets nod to sell Indore unit

05 Nov 2014

Jai Corp has received an approval for disposal of the company’s Indore unit located at Pithampur on an as-is-where-is basis. The board of directors at their meeting has approved for the same and the search for a suitable buyer will now commence. No material impact is expected on the production and/ or financial results of the company on account of the sale of the unit.

Jai Corp traditionally is engaged into manufacturing businesses like steel, plastic processing and spinning yarn. It was incorporated in 1985. Later the company expanded in developing SEZs, infrastructure, venture capital and real estate.

Related Jai Corp Ltd. Links:

Jai Corp Share Price

96.85 -2.40 (-2.42%) Nov 18, 17:29
1 Year Price Chart
Peers
Company Name CMP
Supreme Industries 1134.45
Jain Irrigation Sys 12.05
Uflex 204.95
Jindal Poly Films 233.40
Finolex Inds 573.60
View more..
Sensex vs Jai Corp
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463