Tag Archives: Business Transfer Agreement

Hindalco Industries sells its Telangana (Kollur) unit

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Bourses on Friday, Aditya Birla Group Company – Hindalco Industries Ltd said of the Company having sold its business undertaking at Kollur, Telangana on slump sale basis to Mundhra Alufoil Private Limited through a Business Transfer Agreement dated 26th April, 2019.

TataChem completes acquisition of ASL’s Tamilnadu based precipitated silica biz unit

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India, Tata Chemicals Ltd has informed of having completed the acquisition of precipitated silica business of Allied Silica Ltd (ASL). The deal has been completed by way of a slump sale on a going concern basis, after the receipt of requisite approvals