Shree Renuka Sugars, (head quartered in Belgaum) which is India’s biggest sugar refiner is negotiating to acquire Balrampur Chini Mills, just about one-and-a-half month after Bajaj Hindusthan failed to strike a similar deal. If a deal eventually materializes, Shree Renuka will buy the Kolkata-based Saraogi family’s 36.5 per cent stake in Balrampur and will subsequently [...]
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