Oriental Veneer Products Limited (BSE:531859) acquired remaining 5.7% in Oriental Foundry Private Limited from Vali Mithiborwala and Saleh Mithiborwala for INR 5 million on March 17, 2017. The consideration is payable in cash. Under the terms, 0.25 million shares will be acquired from Vali Mithiborwala and Saleh Mithiborwala each at INR 10 per share. For the year ended March 31, 2016, Oriental Foundry Private Limited reported total revenues of INR 0.17 million and net worth of INR 78.6 million. Oriental Veneer Products Limited (BSE:531859) completed the acquisition of remaining 5.7% in Oriental Foundry Private Limited from Vali Mithiborwala and Saleh Mithiborwala on March 17, 2017.