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J B Chemicals & Pharmaceuticals gets High Court approval

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Capital Market

For scheme of Amalgamation and Arrangement

J B Chemicals & Pharmaceuticals announced that the Hon'ble Bombay High Court has sanctioned the Scheme of Amalgamation and Arrangement between Jyotindra Mody Holdings and Ansuya Mody Securities and Dinesh Mody Securities and Kumud Mody Securities and Shirish B. Mody Investments and Bharati S. Mody Investments and J. B. Chemicals & Pharmaceuticals and their respective shareholders under Sections 391 to 394 read with Sections 100 to 103 of the Companies Act, 1956 and Section 55 of the Companies Act, 2013 and any other applicable provisions of the Companies Act, 1956 and the Companies Act, 2013 ('the Scheme') on February 27, 2015.

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First Published: Mar 11 2015 | 9:08 AM IST

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