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Board of Gitanjali Gems approves scheme of amalgamation of Gitanjali Exports Corporation

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At meeting held on 21 April 2015

Gitanjali Gems announced that the Board of Directors of the Company at its meeting held on 21 April 2015, inter alia, has considered and approved the Scheme of Amalgamation of Gitanjali Exports Corporation (GECL), a wholly owned subsidiary with the Company.

The Scheme is subject to sanction of the Hon'ble High Courts and all other statutory approvals as may be required under sections 391 to 394 of the Companies Act, 1956.

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First Published: Apr 21 2015 | 7:43 PM IST

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