Friday, 27 September 2013

Balrampur Chini Mills gets nod for merger of KSMPL with itself

Balrampur Chini Mills (BCML) has received an approval whereby Board for Industrial and Financial Reconstruction (BIFR) has sanctioned merger of Khalilabad Sugar Mills (KSMPL) with BCML under the modified draft rehabilitation scheme.

The certified copy of the order of BIFR has been filed with Registrar of Companies (RoC) both West Bengal and UP on September 26, 2013. The said scheme comes into operation from the appointed date i.e. April 01, 2012.

Balrampur Chini is one of the largest integrated sugar manufacturers in India. Its business portfolio consists of manufacturing and marketing of sugar, ethyl alcohol, ethanol, generation and selling of power and also manufacturing and marketing of organic manure.

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