Orient Refractories to merge with subsidiaries RHI India and RHI Clasil

Orient Refractories announced a merger of its unlisted subsidiaries RHI India and RHI Clasil with itself to improve operational efficiency and simplify the holding structure. The merger is expected to complete in 9-12 months.

“The BSE-listed Orient Refractories has announced merger of its two unlisted subsidiaries – RHI India and RHI Clasil – with itself for better operational efficiency and simplify holding structure.”indiancementreview.com

• 1 source
• indiancementreview.comOrient Refractories'merger may boost shareholder valueAug 31, 2018

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