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Vertex Spinning Ltd has informed BSE
that the Board of Directors of the Company at its
meeting held on December 08, 2006 has approved to
acquire 100% Shares (79,000 Shares - about Rs 23,70,000)
of M/s. Green Collage & Resorts Ltd in order to create
100% wholly own subsidiary of the Company to start the
Construction / Infrastructure / Real Estate Business and
has appointed Mr. Binod Nayak to look in to legal
aspect. |