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Global Painting Materials Market 2021 Key Players, Segmentation, Consumption, Demand, Growth, Opportunities and Forecast

Global Painting Materials Market 2021 Key Players, Segmentation, Consumption, Demand, Growth, Opportunities and Forecast
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Satia Industries Ltd to bid for BILT

Satia Industries Ltd to bid for BILT Posted On: 2020-12-21 00:47:48 (Time Zone: Arizona, USA) The Board of directors of Satia Industries Ltd in its meeting held today i.e. December 21, considered, approved and authorized Dr Ajay Satia, Chairman Cum Managing Director to make the bid for acquisition of Ballarpur Industries Limited which is under Corporate Insolvency Resolution Process (CIRP). The board authorized Dr Ajay Satia CMD and Sh Rajinder Kumar Bhandari, Joint Managing Director to negotiate and issue the appointment letter to Price Waterhouse Cooper private limited (PWC) as advisor to assist the Company for acquisition of Ballarpur Industries Limited under (CIRP).

Satia Industries Ltd plans major expansion cum acquisition; seeks permission to bid on Ballarpur Industries Ltd acquisition

Dr Ajay Satia, CMD Satia Industries Ltd. plans major expansion cum acquisition; seeks permission to bid on Ballarpur Industries Ltd. acquisition ANI | Updated: Dec 21, 2020 13:12 IST Chandigarh [India], December 21 (ANI/NewsVoir): Satia Industries Limited (SIL), is one of the biggest and completely integrated wood and agro based printing and writing paper manufacturers. SIL s products are extensively used in the printing of books, directories, envelopes, diaries, calendars, computer stationery, copy manufacture annual reports, etc. The company has notified BSE and NSE that it is seeking to apprise and seek permission to bid for acquisition of Ballarpur Industries Ltd. (BILT) and to seek permission for appointment of PricewaterhouseCoopers Pvt. Ltd. (PWC) as advisors to assist it for acquiring Ballarpur Industries Ltd.

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