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Exchange Disseminated Time | Kirloskar Brothers Ltd has informed BSE that at the meeting held on November 29, 201 2, the Board of Directors of the Company noted and, decided to provide consent to the Scheme of Arrangement and Amalgamation of the Company's wholly owned subsidiaries viz., of Hematic Motors Private Limited, Karad (HMPL) with Kirloskar Constructions and Engineers Limited, Chennai (KCEL) and their respective Members and Creditors.
The said scheme has also been approved by the respective Boards of Directors of HMPL and KCEL. |
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