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Indo Rama Synthetics (India) informs about company updates

09 Mar 2016 Evaluate

Indo Rama Synthetics (India) has informed that Indo Rama Renewables Jath, 100% step down subsidiary of Indo Rama Synthetics (India), on March 09, 2016, signed Share Purchase Agreement (SPA) with Tata Power Renewable Energy Limited, for disposing-off 30 MW Wind Farm in Maharashtra. The move to divest wind asset will provide an impetus to further grow polyester business of Indo Rama Synthetics (India).

The above information is a part of company’s filings submitted to BSE.

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