 "Sintex Industries trades ex-spin off")
Sintex Industries zoomed 85% to Rs 34.50 from its opening level of Rs 18.65 on BSE on back of heavy volumes. The stock has started trading ex-scheme of arrangement with effect from today .
Sintex Industries has fixed May 26, 2017 as the record date for the purpose of determination of entitlement for allotment equity shares as per the composite scheme of arrangement.
The company’s board, in September 2016, had approved a composite scheme of arrangement for the demerger of the 'custom moulding business' and the 'prefab business' from Sintex Industries to Sintex-BAPL and Sintex Infra Projects, respectively, each
Sintex Industries has fixed May 26, 2017 as the record date for the purpose of determination of entitlement for allotment equity shares as per the composite scheme of arrangement.
The company’s board, in September 2016, had approved a composite scheme of arrangement for the demerger of the 'custom moulding business' and the 'prefab business' from Sintex Industries to Sintex-BAPL and Sintex Infra Projects, respectively, each
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