At meeting held on 04 November 2014
Welspun Projects announced that based on the recommendation of the Audit Committee, the Board of Directors the Company at its meeting held on 04 November 2014, has considered and approved the Scheme of Amalgamation and Arrangement between Welspun Enterprises, Welspun Infratech, Welspun Plastics, Welspun Infra Projectsand the Company and their respective Shareholders and Creditors ('Scheme') under Sections 391 to 394 read with sections 100 to 103 and all other applicable provisions of the Companies Act, 1956 and notified sections of Companies Act 2013.Powered by Capital Market - Live News