Everest Kanto completes stake acquisition In CC&L
Thursday, 23 Apr 2009
RTT News reported that Everest Kanto Cylinder had completed acquisition of major stake in Calcutta Compressions & Liquefaction Engineering Private Limited for a consideration of INR.2.40 crore. The company acquired 72.65% stake.
CC&L is in business of purchase and sale of natural gas. The company has subsisting agreement with Oil & Natural Gas Corporation for purchase of Coal Bed Methane Gas from its gas field located in Jharkhand.
(Sourced from rttnews.com)
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