Kashipur Sugar Mills Ltd ceases to be subsidiary of Dhampur Sugar Mills

Dhampur Sugar Mills Ltd has announced that consequent upon allotment of 10,00,000 equity shares by Kashipur Sugar Mills Ltd (formerly Dhampur Sugar (Kashipur) Ltd) on June 28, 2007, to M/s. Capital Cement Ltd the holding of the Company in Kashipur Sugar Mills Ltd have fallen to 48.50% from 51.82%. Accordingly Kashipur Sugar Mills Ltd is no more a subsidiary of the Company.

Source : Equity Bulls

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