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Fine Organic Industries' acquisition of 80% of Oleofine Organics is delayed by three months
18-Aug-2026, 09:31
Fine Organic Industries Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the completion of its acquisition of 80% of the paid-up capital of Oleofine Organics SDN. BHD., a Malaysian company, is now expected within the next 3 months, an extension from the previously anticipated timeline of three months from May 19, 2026, due to procedural requirements, with all other terms and conditions remaining unchanged.