India's Banka BioLoo dips after unit's board approves filing for insolvency
05/09/2024 08:53
** Shares of India's Banka BioLoo BAKN.NS fall 2% to 126.5
rupees, extends losses for fourth straight session
** Bio toilet manufacturer said board of its unit, Enzotech
Solutions Pvt Ltd, was filing for voluntary corporate insolvency
** Co seeking appropriate legal advice; will take steps to
protect its interest in the matter - BAKN
** YTD stock has gained over 20%
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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