The Company has informed that as part of its on-going drive to sharpen focus on its core business in the high hnology space, the Company has completed the sale of its glass containers business to ACE Glass Containers Ltd of the CK Somani Group, who are also the owners of Hindustan National Glass & Industries Ltd, the leading manufacture of glass containers in India. With the sale of the Glass Container Business, the Company has totally exited from the packaging business. With the transfer of the business as a going concern all the employees have also been transferred to ACE Glass Containers. The service condition of the employees will remain unchanged.The Company began manufacture of flint glass containers in 1996 at Nasik, Maharashtra. The plant has a manufacturing capacity of 320 MT per day. The plant has an ISO 9001 certification, and primarily serves the requirements of liquor, soft drinks and food industries. The sale of glass containers business is yet another step taken by the Company, post the de-merger of cement in 2003, to enhance value cretation in its core businesses comprising of Engineering & Construction, High End Manufacturing, Electrical & Electronics Information Technology & Engineering Services.