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Board of Trio Mercantile & Trading allots shares under scheme of amalgamation

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Capital Market

At meeting held on 09 December 2015

Trio Mercantile & Trading announced that the Board of Directors of the Company at its meeting held on 09 December 2015, inter alia, has considered and approved :-

- the allotment of 60,63,000 Equity Shares of Rs. 10/- each to the shareholders of ARSS Engineering Limited pursuant to clause no. 10.1 of the Scheme of Amalgamation as approved by the Hon'ble High Court of Bombay;

- Authorised the Directors to take all the necessary steps for issue listing, trading permission of the aforesaid equity shares.

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First Published: Dec 09 2015 | 6:14 PM IST

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