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| Exchange Disseminated Time 01/02/2017 17:22:06 | Oricon Enterprises Ltd has informed BSE that the Board of Directors of the Company at their meeting held on February 01, 2017, has re-considered/ evaluated the earlier decision relating to Scheme of Amalgamation and decided to withdraw Oriental Containers Limited from the said Scheme of Amalgamation. The Board of Directors has now subject to approval of various
authorities decided to amalgamate Oricon Properties Private Limited with Oricon Enterprises Limited.
Further company shall file in due course of time, the new scheme of Amalgamation of Oricon Properties Private Limited, the wholly owned Subsidiary Company (the transferor Company) with Oricon Enterprises Limited, the Holding Company, (the Transferee Company). |
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