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Garware Wall - Updates

Garware Wall Ropes Ltd has informed BSE that pursuant to the resolution passed by the Board of Directors of the Company at its meeting held on January 25, 2008, the Company has taken action on April 09, 2008, to acquire 10,000 equity Shares of Rs 10/- each, i.e. entire share capital of Garware Environmental Services Pvt Ltd (GESPL). Consequently the GESPL has become a wholly owned subsidiary of Garware Wall Ropes Ltd.

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