At meeting held on 12 January 2015
Jindal Photo announced that the Board of Directors of the Company at its meeting held on 12 January 2015 have approved the scheme of arrangement for demerger of the manufacturing division of the Company into Jindal Poly Films, a group company. The appointed date for the scheme of arrangement shall be 01 April 2014.For every 59 equity shares of Rs 10 each held in the Company as on the record date, every equity shareholder of the Company shall be entitle to receive 10 equity shares of Rs 10 each of the resulting Company - Jindal Poly Films, credited as fully paid.
Powered by Capital Market - Live News
