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Jagran Prakashan gets High Court approval for scheme of arrangement

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Capital Market
Last Updated : Nov 21 2016 | 12:02 AM IST

Also gets approval of Ministry of Information and Broadcasting

Jagran Prakashan announced that the Scheme of Arrangement for (i) amalgamation of Cystral Sound and Music and Spectrum Broadcast Holdings with Jagran Prakashan; and (ii) the demerger of radio business undertaking of Shri Puran Multimedia into Music Broadcast, has been approved by the Hon'ble High Court of Judicature at Allahabad, the Hon'ble High Court of Bombay and by the Ministry of Information and Broadcasting, subject to certain conditions.

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First Published: Nov 19 2016 | 10:13 AM IST

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