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Indo Rama Synthetics arm signs share purchase agreement with Tata Power Renewable Energy
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Indo Rama Synthetics arm signs share purchase agreement with Tata Power Renewable Energy

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Indo Rama Synthetics arm signs share purchase agreement with Tata Power Renewable Energy

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Indo Rama Synthetics (India) Ltd has informed BSE that Indo Rama Renewables Jath Limited, 100% step down subsidiary of Indo Rama Synthetics (India) Limited, on March 09, 2016, signed Share Purchase Agreement (SPA) with Tata Power Renewable Energy Limited, for disposing off 30 MW Wind Farm in Maharashtra.The move to divest wind asset will provide an impetus to further grow polyester business of Indo Rama Synthetics (India) Limited.

Source : Moneycontrol

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Anand Gupta Editor - EQ Int'l Media Network
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