Century Enka to be merged with RPL

May 1997
Colourage;May97, Vol. 44 Issue 5, p69
Trade Publication
The boards of India-based yarn producers Century Enka Ltd. and Rajashree Polyfil Ltd. have approved the merger of the two companies in two separate meetings in Mumbai. They authorized the presidents of the companies to find and appoint a suitable valuer for deciding the swap ratios. The merger, aimed at backward integration, would generate synergies in the area of minerals management, as well as bring down the cost of production.


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