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Board of Pneumatic Holdings approves scheme of arrangement and amalgamation

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Capital Market

At meeting held on 20 October 2016

Pneumatic Holdings announced that the Board of Directors of the Company at its meeting held on 20 October 2016 approved the scheme of arrangement and amalgamation between Kirloskar RoadRailer (KRL)and Pneumatic Holdings (PHL) and Kirloskar Pneumatic Company (KPCL) providing for amalgamation of KRL and PHL with KPCL.

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First Published: Oct 20 2016 | 2:00 PM IST

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