Brief: Pipavav Defence and Offshore Engg approves acqusition by Reliance Defence, Reliance Infra

Swan Defence and Heavy Industries

18/01/2016 10:28

Jan 18 (Reuters) - Pipavav Defence and Offshore Engineering Company Ltd 
 PIPA.NS : 
 * Board approves acqusition of co by Reliance Defence and Systems Pvt Ltd, 
   Reliance Infrastructure 
 * Pipavav defence and offshore engineering co - board approves appointment of 
   Anil D Ambani as director, chairman of co 
 * Board approves issue of shares to qibs up to 15 billion rupees 
 * Pipavav defence and offshore engineering co - board approves proposal to exit 
   corporate debt restructuring 
 * Pipavav defence and offshore engineering co - board approves appointment of 
   Sridhar Krishnamurthy as CFO 
 * Source text: http://bit.ly/1OZrqk4 
 * Further company coverage  PIPA.NS   
 
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