Radha Madhav Corporation Ltd has announced that the Board of Directors of the Company at its meeting held on February 12, 2015 has authorized Mitesh Agarwal, Managing Director & CEO of the Company to showcase, negotiate, discuss, execute various documents, agreement, deeds., etc with M/s. Jindal Poly Films Ltd for the sale of Company's Rudrapur Unit subject to various approval/consent of/from Lenders, Statutory Regulators, Boards and other authorities as required.
The stock was up 4% at Rs42.
The stock has hit a high of Rs. 43 and a low of Rs. 39.