Brief: Rainbow Papers says Rainbow Papers JLT has ceased to be co's unit
March 23 (Reuters) - Rainbow Papers Ltd RNBP.NS : * Rainbow papers ltd.- dilution of stake in m/s Rainbow Papers JLT, Dubai * Rainbow Papers JLT has ceased to be a subsidiary of the company. * Source text: * Further company coverage RNBP.NS ((Bengaluru Newsroom; +91 80 6749 1130))