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Exchange Disseminated Time 21/09/2015 15:51:15 | Jindal Stainless Ltd has informed BSE that the Hon'ble High Court of Punjab and Haryana at Chandigarh ("High Court"), pursuant to the hearing dated September 21, 2015 vide its oral judgment, has sanctioned the Composite Scheme of Arrangement among Jindal Stainless Limited and Jindal Stainless (Hisar) Limited and Jindal United Steel Limited and Jindal Coke Limited and their respective Shareholders and Creditors ("Scheme"), under the provisions of Sections 391-394 of the Companies Act, 1956 read with Section 100 of the Companies Act, 1956, with effect from the Appointed dates as mentioned in the Scheme.
The Company is in the process of obtaining certified copy of the Order of the Hon'ble High Court. The order copy shall thereafter be filed with the office of Registrar of Companies, NCT of Delhi & Haryana. |
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