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04 Sep
13:43

Welspun eyes product diversification

Welspun is proposing to diversify its product range after the company’s board approved a change to the principal business of the company as stated in its memorandum of association. Among the products added are pig iron, coke, iron ore pellet, slab, billet, hot and cold rolled coil, rebar and wire rod. The proposed change of the Objects clause requires approval of shareholders by way of a Special Resolution pursuant to the provisions of Section 13 of the Comp…
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