Seshasayee Paper and Boards Limited agreed to acquire Assets Of Servalakshmi Paper Limited from Servalakshmi Paper Limited for INR 1 billion.

Seshasayee Paper and Boards Limited (NSEI:SESHAPAPER) agreed to acquire Assets Of Servalakshmi Paper Limited from Servalakshmi Paper Limited for INR 1 billion on September 19, 2022. The deal is subject to National Company Law Tribunal. As of May 12, 2023 National Company Law Tribunal approved the deal.