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Grasim Industries fixes record date for scheme of amalgamation

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Capital Market

Record date is 06 July 2017

Grasim Industries has fixed 06 July 2017 as the Record Date for merger of Aditya Birla Nuvo (ABNL) with Grasim Industries in terms of the Scheme for determining the entitlement of the equity shareholders of ABNL to receive fully paid up equity shares of Grasim Industries in the ratio of 15 (Fifteen) fully paid up equity share of Rs. 2/- (Rupees Two) each of Grasim Industries credited as fully paid up for every 10 (Ten) fully paid up equity shares of 10/- (Rupees Ten) each, held by such shareholder in ABNL.

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First Published: Jun 22 2017 | 4:54 PM IST

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