|
| Exchange Disseminated Time | | Pearl Global Industries Ltd has informed BSE that the Board of Directors of the Company will be held on November 12, 2012, consider for approval, the "Scheme of Arrangement" between the Pearl Global Industries Ltd (Transferor Company) and PDS Multinational Fashions Ltd (Transferee Company) (its wholly owned subsidiary) and their respective Shareholders and Creditors for Demerger of the business undertaking of the Transferor Company and its subsequent merger with and into the Transferee Company, pursuant to section 391 to 394 of the Companies Act, 1958 and other applicable provisions. |
|
|