Under Scheme of Amalgamation
Pursuant to the Scheme of Amalgamation of Titagarh Agrico with Cimmco sanctioned by the NCLT, the Board of Directors of Cimmco has passed a resolution on 02 December, 2017, to allot 72,00,000 (Seventy two lakh) equity shares of Rs. 10/- each of the Company to Titagarh Wagons, the eligible/only member of Titagarh Agrico ('TAPL'), in the share exchange ratio of 1 (one) equity share of Rs. 10/- each of the Company for every 5 (five) equity share of Rs. 10/- each held in TAPL.Powered by Capital Market - Live News
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