BRIEF-Orient Paper & Industries gets board nod for demerger of consumer electric business into unit

  • Reuters
  • Stock Market News
BRIEF-Orient Paper & Industries gets board nod for demerger of consumer electric business into unit
Credit: © Reuters.

Sept 15 (Reuters) - Orient Paper & Industries Ltd ORPP.NS :

* To raise capital through rights issue of equity shares for an amount

aggregating to 500 million rupees

* Accorded in-principle consent of board for vertical demerger of consumer

electric business of company into a unit

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