Breaking News

You are here » Indian-Commodity  :  Corporate  :  3P Land Holdings gets nod to acquire stake of Pudumjee Plant Laboratories

11-Feb2019

3P Land Holdings gets nod to acquire stake of Pudumjee Plant Laboratories

3P Land Holdings (Formerly known as Pudumjee Industries) has received approval for the proposed acquisition of 16,26,506 Zero Percent Non-Cumulative Redeemable Preference Shares of Pudumjee Plant Laboratories, an unlisted group company. The proposed acquisition is expected to cost the Company, an approximate sum of Rs 1.62 crore. The board of directors of the company has approved the same in the meeting held on February 09, 2019.

3P Land Holdings (Formerly known as Pudumjee Industries) is engaged in the manufacture and sale of various types of papers such as crepe tissue, M G Kraft, carbon based tissue, poster papers, etc.


Related News

View all news

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......

Crisil downgrades DHFL's commercial papers worth Rs 850 crore

Credit Rating Agency Crisil has downgraded Dewan Housing Finance Corporation's commercial paper worth Rs 850 crore from A3+ to A4+. Its rating also continues to be on 'Rating Watch with Negative Implications'.......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......