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ABC Paper promoters decide to part ways

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The Khaitan and Bajaj families, promoters of ABC Paper Ltd, have decided to part ways. On 16 July, Esteem Finventures Ltd, Combine Overseas Ltd, Pavan Khaitan and J.K. Khaitan bought 8.78% stake from the Bajaj family in a share sale executed on the Bombay Stock Exchange (BSE) for an undisclosed sum. Further the stake of Bajaj family-promoted Amrit Corp. Ltd,...