Western Ministil has received approval from Board of Directors for acquisition of 10,000 Equity Shares of Rs 10 each of Micron Calcite, representing 100% of its paid-up share capital at a price of Rs 454 per share. The total consideration for the acquisition shall be Rs 45,40,000, which shall be paid in cash.
Upon completion of the acquisition, Micron Calcite shall become a wholly owned subsidiary of Western Ministil. The Board of Directors of the Company at its meeting held on March 12, 2026 has approved the same.
Western Ministil is engaged in manufacturing of steel products in India. It manufactures steel ingots from scrap and other steel items.
