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| Exchange Disseminated Time 24/11/2016 17:24:39 | | Super Spinning Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 24, 2016, inter alia, has the recommendation of the Audit Committee and approved the Scheme of Amalgamation of Sara Elgi Arteriors Limited and Elgi Building Products Limited (the Subsidiaries) with Super Spinning Mills Limited (the company) with effect from April 01, 2016 ("Appointed Date") pursuant to Section 391 to 394 of the Companies Act, 195S and other applicable provisions, if any, of the Companies Act, 2013 subject to the necessary approvals as may be required from the authorities. |
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