BALLARPUR INDUSTRIES LTD.

BALLARPUR INDUSTRIES LTD. - Updates

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27 Jun 2014
Ballarpur Industries Ltd has informed BSE that Ballarpur International Graphic Paper Holdings (BIGPH), a step down subsidiary of the Company, is evaluating and exploring options with International Finance Corporation (IFC) for receiving a potential investment from IFC, in a combination of debt and/or equity in BIGPH and/or its step down subsidiaries. Any proposed investment would be subject to IFCs management and board approval, satisfactory documentation and satisfaction of all necessary conditions.<br/><br/>The Company is also exploring the possibility of listing of equity shares of BIGPH at an overseas stock exchange.<br/><br/>The Company will provide further updates if and when necessary.
View all announcements for BALLARPUR INDUSTRIES LTD.	Source: BSE India

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