| Mahindra Forgings consolidates operations |
| BS Reporter / Mumbai June 06, 2007 |
| The board of Mahindra Forgings has approved a scheme of amalgamation envisaging the merger of Mahindra Stokes Holding Company (MSHCL), Mahindra Forgings Overseas (MFOL) and Mahinra Forgings Mauritius (MFML) with the company with effect from April 01, 2007. The board accepted the following share swap ratios: 103 shares of Rs 10 each of MSHCL for 20 shares of Mahindra Forgings; 49 shares of |
