EPIC UPDATE : VIDEOCON INDUSTRIES

Videocon industries’ Mauritius based subsidiary – Videocon Mauritius Energy (VMEL) has, in terms of the Share Sale & Purchase Agreement (SSPA) executed on June 25, 2013 with ONGC Videsh (OVL) and Oil India (OIL), completed the sale of its 100% stake in Videocon Mozambique Rovuma 1 (VMRL).

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