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| Exchange Disseminated Time | | Britannia Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2016, inter alia, had considered and approved a Scheme of Arrangement under Sections 391-394 of the Companies Act, 1956 for demerger of the Manufacturing Business division and Retail Sales Business division (“Demerged Undertakings") of Daily Bread Gourmet Foods (India) Private Limited, wholly-owned subsidiary ("Demerged Company” or "Transferor Company") into Britannia Industries Limited (“Resulting Company” or "Transferee Company”). |
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