On 23 October 2015
Aditya Birla Nuvo announced that the Hon'ble High Court of Gujarat at Ahmedabad has on 23 October 2015 orally pronounced a common order sanctioning the Composite Scheme of Arrangement amongst Aditya Birla Nuvo (ABNL), Madura Garments Lifestyle Retail Company and Pantaloons Fashion & Retail (PFRL). The certified copy of the said order is awaited.The effectiveness of the said Scheme is, inter alia, subject to filing of a copy of the said order with the jurisdictional Registrar of Companies and on the outcome of the petition filed by PFRL before the Hon'ble High Court of Bombay.
Powered by Capital Market - Live News