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| Exchange Disseminated Time 25/01/2017 14:40:22 | Arvind Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2017, upon recommendation of the Audit Committee, approved the draft Scheme of amalgamation / merger of its 100% Subsidiaries, Arvind Brands & Retail Limited ("ABRL") and Arvind Garments Park Private Limited ("AGPPL") and Dholka Textile Park Private Limited ("DTPPL") with Arvind Limited ("Arvind").
The proposed Scheme of Amalgamation provides for amalgamation / merger of 100% subsidiaries viz. ABRL, AGPPL and DTPPL with Arvind under Sections 231 to 234, 52, 66 and other applicable provisions of the Companies Act, 2013 and Rules made thereunder. |
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