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Insul Electronics - Outcome of Board Meeting

15 Nov 2007

Insul Electronics Ltd has informed that the Board of Directors of the Company at its meeting held on November 15, 2007, has decided that Alpex International Ltd (Ajay Piramal Group Enterprise) and the Company (a Sunteck Group Enterprise) have agreed to promote a Company to be in a Joint Venture Company (name proposed as (Piramal Sunteck Realty Ltd) with the equal capital participation and which will be engaged in the business of Real Estate Development, Infrastructure and Allied sector and related activities.

Source: BSE India   Type: Announcements

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