Pro Fin Capital Services has informed that the Board of Directors of the Company at its meeting held on August 04, 2015, has decided to acquire, in due course, 80% of the equity capital of Tera Natural Resources And Pellets (Tera). Pro Fin already holds 46.92% of the equity capital of Tera and with the proposed acquisition, Pro Fin will hold 80% of the share capital of Tera.
The above information is a part of company’s filings submitted to BSE.