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Board of Modern Insulators allots equity shares under scheme of amalgamation

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Capital Market
Last Updated : Mar 30 2017 | 12:02 AM IST

At meeting held on 28 March 2017

The Board of Directors of Modern Insulators at its meeting held on 28 March 2017 have allotted equity shares to the shareholders of erstwhile Modern Terry Towels whose name appear in the Register of Members in the exchange ratio mentioned in the scheme of amalgamation approved by Hon'ble BIFR.

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First Published: Mar 29 2017 | 9:09 AM IST

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