Shares of Sheel Foam surged over eight% touching to Rs. 1,270, after media reviews stated that the company could accumulate a hundred% stake in Kurlon Enterprise for a cash attention of Rs three,250 crore.
According to reviews, Sheela Foam Ltd will completely gather rival Kurlon Enterprise Ltd, buying one hundred% of the business enterprise in two tranches for a coins attention of Rs three,250 crore.
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