Merger of Elgi, Titan set for 12 Jan
ERJ staff report (DS)
Mumbai, India -- Elgi Rubber Company Ltd told the Bombay Stock Exchange on 29 December that its previously-announced merger of Elgi, Treadsdirect Ltd and Titan Tyrecare Products Ltd will become effective from 12 January 2011.
Elgi operates in recycling used tyres and retreading and retread compounds.
Treads Direct makes pre-cured rubber compounds and cushion gum
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Stock Exchange Announcement from Elgi
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