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Universal Cables Ltd - Discontinued manufacturing operations at its Optic Fibre Goa Unit

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Universal Cables Ltd has informed BSE that, to give effect to the mandate given by the Shareholders of the Company by way of the Postal Ballot process as per the provision of Section 192A of the Companies Act, 1956 and the Rules framed thereunder, the Company has discontinued manufacturing operations at its Optic Fibre Goa Unit and accordingly sold certain assets to Birla Furukawa Fibre Optics Limited, a Joint Venture Company.


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