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Rainbow Papers to disinvest equity shareholding in Rainbow Infrabuild

09 May 2013 Evaluate

Rainbow Papers has received an approval to disinvest the equity shareholding of the company in Rainbow Infrabuild, the wholly owned subsidiary of the company, at fair market value as the box board project will be set up in Rainbow Papers itself, instead of the subsidiary. The board of company at its meeting held on May 09, 2013 has approved for the same.

Rainbow Papers is one of the fastest growing corporations in the Indian paper industry. The company offers a plethora of world class products ranging from duplex to file board, from writing paper to art card and from packaging and electric grade crepe to decorative tissues crepe, have given them a good recognition amongst their users whose thirst for better and new products.

Rainbow Papers Share Price

0.47 0.00 (0.00%)
03-Feb-2020 18:01 View Price Chart
Peers
Company Name CMP
JK Paper 360.10
TN Newsprints 145.10
West Coast Paper 520.25
Emami Paper Mills 85.70
Seshasayee Paper 228.50
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