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Board of Blue Pearl Texspin approves draft scheme of amalgamation

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Capital Market
Last Updated : Mar 24 2014 | 11:54 PM IST

At meeting held on 22 March 2014

Blue Pearl Texspin has announced that the Board of Directors of the Company at its meeting held on 22 March 2014, has approved the draft scheme of amalgamation of Blue Pearl Lifestyle (transferor Company) with Blue Pearl Texspin (transferee Company) pursuant to provisions of sections 391 to 395 read with Section 100 to 105 and other applicable provisions, if any of the Companies Act 1956 (or any amendment thereof) Listing agreement and subject to approval of the stock exchange, SEBI and other Statutory Authorities, if any.

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First Published: Mar 24 2014 | 9:20 AM IST

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