OCL India Ltd. (BSE:502165) agreed to acquire remaining 50% stake in OCL Global Ltd. from Dalmia International FZE for $8.94 million on November 6, 2012. OCL India Ltd. will acquire 0.05 million ordinary shares and 1.37 million preference shares of OCL Global Ltd. The Board of Directors of OCL India Ltd. approved the transaction.

OCL India Ltd. (BSE:502165) completed the acquisition of remaining 50% stake in OCL Global Ltd. from Dalmia International FZE on January 1, 2013.