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Presence of nitrosaminesDiabetes drugs on FDA watchThe United States Food and Drug Administration has been ...
Aroni Commercials Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 09, 2016, inter alia, to consider and approve the following:
1. The Draft Scheme of Amalgamation of Aroni Commercials Limited with Saraswati Commercial (India) Limited under Sections 391 to 394 and other applicable provisions, if any, of the Companies Act, 1956, and other applicable and notified provisions of the Companies Act, 2013, along with rules and regulations issued thereunder, including, any statutory modifications, re-enactments or amendments made thereto from time to time.
2. Valuation Report on the share entitlement ratio dated February 27, 2016 prepared by M/s. Raghu Iyer Associates, Chartered Accountants.
3. Fairness Opinion issued by KJMC Corporate Advisors (India) Limited, Merchant Banker, dated March 15, 2016 on the aforesaid shares entitlement ratio.
4. Recommendations made by the Audit Committee of the Company on the Draft Scheme of Amalgamation pursuant to its meeting scheduled to be held on April 09, 2016 before the meeting of the Board of Directors
Further, the Trading Window for dealing in the securities of the Company shall be closed for all Directors / Officers/Designated Employees of the Company from March 22, 2016 to April 12, 2016 (both days inclusive).
Source : BSE - >www.bseindia.com
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