Corporate Announcement
Security Code : 530813    Company : KRBL    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     16/06/2016 15:23:09
KRBL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 16, 2016m inter alia, have considered, approved and taken on record the followings:

“Allotment of 2,79,13,892 (Two Crores Seventy Nine Lacs Thirteen Thousand Eight Hundred Ninety Two) Equity Shares of Re. 1/- (Rupee One Only) each to the respective Shareholders of Radha Raj Ispat Private Limited (Radha Raj/Amalgamating Company/Transferor Company) pursuant to the provisions of the Scheme of Amalgamation between Radha Raj Ispat Private Limited (Radha Raj/Amalgamating Company/Transferor Company) and KRBL Limited (KRBL/Amalgamated Company/Transferee Company), as approved by the Hon’ble High court of Delhi and cancellation/extinguishment of same number of Equity shares as crossholding.”
 

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