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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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