At meeting held on 09 September 2016
Cimmco announced that the Board of Directors of the Company at its meeting held on 09 September 2016 has approved the scheme of amalgamation of Titagarh Agrico with Cimmco. The scheme is subject to approval of shareholders, High Court of Calcutta and all other necessary approvals as may be applicable.The Board also approved the exchange ratio of one equity share of the Company to be issued for every five equity shares held by the equity shareholders of Titagarh Agrico.
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