Vsa Business Solutions Private Limited agreed to acquire Plastic Division from Bajaj Steel Industries Limited (BSE:507944) for INR 47.5 million on February 14, 2023. The transaction is expected to close by the end of March 2023. As of February 21, 2023.

It is being informed that the Company has executed Slump Sale Agreement on February 20, 2023 with the VSA Business Solutions Private Limited and the rest of the transactions pertaining to such sale are expected to be completed on or before March 31,2023.