Others

Approval to the Composite Scheme of Arrangement and Amalgamation

| Updated on May 22, 2015 Published on May 22, 2015

Kirloskar Brothers Investments Ltd has informed BSE that the Hon’ble High Court of Judicature at Bombay has approved Composite Scheme of Arrangement and Amalgamation (the Scheme) between Kirloskar Brothers Investments Limited, Pneumatic Holdings Limited and Kirloskar Oil Engines Limited and their respective shareholders and creditors under Sections 391 to 394 and read with Sections 100 to 103 of the Companies Act,1956. The hearing of petition for sanctioning the Scheme was concluded on April 30, 2015.

Accordingly, copy of the Order dated April 30, 2015. sanctioning the Scheme is uploaded on the website of Hon’ble Bombay High Court on May 22, 2015, the Company is in process of obtaining certified true copy of the same.

Source : BSE - >www.bseindia.com

Published on May 22, 2015
This article is closed for comments.
Please Email the Editor