Ganesh Benzoplast to consider capital restructuring

Ganesh Benzoplast Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 18, 2006, inter alia, to consider the following:

1. Capital restructuring programme in view of the debt restructuring under implementation.

2. Business restructuring by way of hiving off / demerger of business of the Company into separate companies in accordance with core competencies of the group and align strategically with long-term investor.

Source : Equity Bulls

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