MUMBAI, May 30 (Reuters) - Auto parts maker LG Balakrishnan & Bros Ltd said on Friday its board has considered the transfer or sale of the industrial chain division, subject to a satisfactory agreement with the prospective buyer. Ahead of the news, shares in the company ended 1.65 percent down at 17.90 rupees in the Mumbai market. (Reporting by Kaustav Roy; editing by Sunil Nair)
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