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Bang Overseas
BSE: 532946NSE: BANGISIN: INE863I01016

4th-Jul-2012 19:12Source: BSE

Bang Overseas - Acquisition of M/s. A. S. Raiment Private Limited, Visakhapatnam

Bang Overseas Ltd has informed BSE that the Company has acquired M/s. A. S. Raiment Private Limited, a Private Limited Company incorporated under the Companies Act, 1956, having its registered office at Visakhapatnam.

M/s. A. S. Raiment Private Limited has a Manufacturing Unit at Visakhapatnam with a capacity of 3.50 lakhs pieces per year (approx).

The Company has acquired 4,50,000 Equity Shares of Rs. 10/- in the M/s. A. S. Raiment Private Limited and having a stake of 99.99 % in this Company.

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