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| In early 2008, with farsightedness, Mr. Suresh Kumar Prithani, Non-Executive Chairman, had taken a very crucial step when he decided to takeover Mewar Industries Limited, a sleeping & a Non-Banking Financial company listed with the Bombay Stock Exchange and Delhi Stock Exchange. |
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| With such vision and frame of mind, Mr. Suresh Kumar Prithani with his group companies Brahmaputra Holdings (P) Limited, Brahmaputra Finlease (P) Limited and M.L. Singhi & Associates (P) Limited, in the mid of 2008, came out with an open offer in the public to takeover the company and had acquired 72.05% shares of the Company. This was the first step to embark upon the way of revival of the company, further the change of name from Mewar Industries Limited to Brahmaputra Infraproject Limited and object change from Non- Banking Financial activities to Infrastructure Development activities has injected the life blood to the Company. |
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