Orient Abrasives gets nod for proposed scheme of demerger

Orient Abrasives has received an approval for the proposed scheme of demerger between Orient Abrasives and Orient Refractories. The company has received an approval from High Court of Delhi in a hearing held on September 19, 2011. The appointed date of the scheme is April 01, 2011.

Orient Abrasives offers a wide range of Refractory and Monolithic products for the iron and steel industry, which enjoys large domestic and international clientele. An in-house R&D facility supports the division’s product development initiatives. This makes OAL the preferred choice for quality products.