Fossil Energy to acquire 51% stake in Bawany Air Products Ltd
MG News | April 08, 2020 at 02:53 PM GMT+05:00
April 8, 2020 (MLN): Mr M. Hanif Y. Bawany on behalf of major shareholders of Bawany Air Products has entered into an agreement dated April 7 2020, for the sale of 3,386,280 ordinary shares of Rs 10 each with Fossil Energy Private Limited.
These shares represent 51% of the issued and paid-up capital of Bawany Air Products Limited.
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