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Wednesday, Aug 30, 2006

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`Essel Propack buys Packaging India'

Mumbai, Aug 28

Essel Propack Ltd is learnt to have acquired Packaging India Pvt Ltd, a packaging company headquartered in the South.

Packaging India, which has an annual turnover of Rs 100 crore, is in the business of speciality packaging material. The value of the transaction is not known.

The Essel Propack stock was nearly unchanged at Rs 76.50 on the BSE on Tuesday.

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