|
| Exchange Disseminated Time | Man Industries (India) Ltd has informed BSE that Hon'ble High Court of Judicature at Bombay in the Company's Scheme Petition No. 658/659 of 2014 has approved the Scheme of Arrangement between Man Industries (India) Limited and Man Infraprojects Limited and their respective shareholders and creditors.
Upon implementation of the Scheme, each shareholder of Man Industries (India) Limited shall be entitled to receive on the Record Date, one (1) fully paid-up equity share of Rs.5/- each of Man Infraprojects Limited free of cost, for every one (1) fully paid-up equity share of Rs.5/- each held by them in Man Industries (India) Limited. |
|
|