CreditAccess Grameen buys Madura Microfin for ₹876 cr
CreditAccess Grameen, a Bengaluru-based microfinance company, has signed an agreement to buy ...
This is to inform you that consequent to receipt of the approval of Honble Guwahati Bench of National Company Law Tribunal (NCLT) to the Composite Scheme of Arrangement under Sections 230 to 232 read with Section 66 of the Companies Act, 2013 between Greenply Industries Limited and Greenpanel Industries Limited, and their respective shareholders and creditors, for demerger of the demerged undertaking of Greenply Industries Limited into Greenpanel Industries Limited with effect from April 01, 2018 (Appointed Date) and in consideration of the said demerger, the Demerger Committee of the Board of Directors of the Company at their meeting held on 3rd July, 2019 has fixed the record date i.e. 15th July, 2019 for ascertaining the name of shareholders of the Company who will be eligible to receive the equity shares of Greenpanel Industries Limited.
Accordingly, Greenpanel Industries Limited shall issue and allot to the shareholders of Greenply Industries Limited whose names appear in the register of members of Greenply Industries Limited as on the Record Date i.e. 15th July, 2019, 1 (One) equity share of INR 1.00 (Indian Rupee One only) each in Greenpanel Industries Limited, credited as fully paid up for every 1 (One) equity share of INR 1.00 (Indian Rupee One only) each held by them in Greenply Industries Limited.
Source : BSE - www.bseindia.com
CreditAccess Grameen, a Bengaluru-based microfinance company, has signed an agreement to buy ...
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