Camlin FCL receives listing permission from BSE

Mumbai, Mar 30: Camlin Fine Chemicals Limited (CFCL) has announced that the Company has received listing permission from Bombay Stock Exchange (BSE) with immediate trading of shares and quoted between Rs 55 and Rs 60 this noon.

As part of de-merger process, shareholders of M/s Camlin Limited had received 1 (One) Share of the company for every 1 (One) Share held in Camlin Limited. This was in consideration of the de-merger of the Camlin's Fine Chemicals Division into the company as per the scheme of arrangement approved by the shareholders, creditors and the Bombay High Court on November 17 last year, a release here today said.

Recently the company had entered into a joint venture with M/s Viachem LLC, US for setting up joint venture company under the name of M/s Dulcette Technologies LLC with company's equity participation of 51 per cent for marketing Sucralose, Aspartame and Acesulfame-K and their blends in US, Canada and Mexico, the release added.

UNI