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Girdharilal Sugar gets nod to merge Premier Industries with itself

26 Mar 2014 Evaluate

Girdharilal Sugar & Allied Industries has received approval from Industrial and Financial Reconstruction (BIFR) to merge Premier Industries with itself. The BIFR has sanctioned revival scheme of Premier Industries, which comprises of various reliefs and concessions including merger of Premier Industries with Girdharilal Sugar and Allied Industries.

Girdharilal Sugar & Allied Industries is engaged in the manufacture of sugar. Located near Barwani in Madhya Pradesh, the manufacturing unit produces white crystal sugar with an installed capacity of 2,500 MTPA used for domestic purposes, confectionery and pharmaceuticals.

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