Tuesday, November 27, 2007

Merger news pushes up Dhampure Specialty Sugars

Dhampure Specialty Sugars Ltd rose by its maximum daily limit of 5 per cent to Rs 187.60, after its board approved its merger with Dhampur Alco-Chem Ltd, with Dhampure shareholders getting one share in the latter for each share held. Dhampur Alco -Chem will also spin off its real estate unit into a new company.

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