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| Exchange Disseminated Time 04/11/2016 19:49:36 | Jindal Poly Films Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 04, 2016, has transacted the following;
1. The Postal Ballot Notice along with Explanatory Statements in the matter of the Scheme of Amalgamation / Merger of Global Nonwovens Limited (wholly owned subsidiary) with Jindal Poly Films Limited. (Holding Company), to be sent to the Equity Shareholders, pursuant to circular dated November 30, 2015 issued by the Securities and Exchange Board of India.
2. The Voting rights shall be reckoned on the paid up value of the Equity Shares registered in the name of the shareholder on the cut-off date i.e. November 04, 2016.
Further, as soon as Postal Ballot Notice along with Explanatory Statements will be issued to the Public Shareholders, the same will be sent to the Stock Exchange(s).
Board Meeting started at 4.00 p.m. and ended at 06:45 p.m. |
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