Rain Commodities has announced that on 25 October 2007, the Hon'ble High Court of Andhra Pradesh passed the order approving the scheme of arrangement.Amalgamation of Rain Calcining with the company with effect from 01 April 2007.
Transfer of calcined petroleum coke (CPC) and power business from the company to Rain Industries with effect from 01 April 2007.
Transfer of cement business from Rain Industries to the company with effect from 01 July 2006.
The company made this announcement during the trading hours today, 27 October 2007.
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