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Blue Star gets High Court approval for scheme of amalgamation

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Capital Market

On 18 December 2015

Blue Star announced that the Hon'ble Bombay High Court has at the hearing held on 18 December 2015, sanctioned the Scheme of Amalgamation of Blue Star Design and Engineering ("BSDEL") with Blue Star Engineering & Electronics ("BSEEL") and their respective shareholders and creditors. The authenticated copy of the final order is still awaited. Blue Star Design and Engineering and Blue Star Engineering & Electronics are wholly-owned subsidiaries of the Company.

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First Published: Dec 18 2015 | 5:48 PM IST

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