Fossil Energy Private Ltd announces Withdrawal of PAI to acquire 50% voting shares of BAPL

MG News | June 17, 2021 at 05:10 PM GMT+05:00

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June 17, 2021 (MLN): In a notification to exchange, Bawany Air Products Limited (BAPL) has informed that the company has received a withdrawal of Public Announcement of Intention from Fossil Energy Private Limited.

To recall, Fossil Energy (Private) Limited had submitted a Public Announcement of Intention ("PAI“) in order to acquire more than 5OK of voting shares of Bawany Air Products Limited on September 22, 2020.

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