Ambalal Sarabhai Updates on VRS amount paid

With reference to the earlier announcement dated June 25, 2007 regarding, under Voluntary Retirement Scheme 188 employees of the Company have availed the benefit and the Company has paid Rs 6.48 lakhs as compensation / legal dues to the beneficiaries, Ambalal Sarabhai Enterprises Ltd has now announced that the figures of "Rs 6.48" lakhs" should be read as "Rs 6.48 crores".

Source : Equity Bulls

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