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73,044.98
+555.99
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Corporate Announcement
Security Code
532526
Company
Dishman Pharmaceuticals and Chemicals Ltd
Exchange Received Time
17/03/2017 17:06:08
Exchange Disseminated Time
17/03/2017 17:06:09
Time Taken
00:00:01
Outcome of Board Meeting |
3/17/2017 5:06:08 PM
A Meeting of the Board of Directors of the Company was held on today i.e. on 17th day of March, 2017 at Ahmedabad, inter alia, to consider and take on record the Order of Hon'ble High Court of Gujarat, sanctioning the Scheme of Arrangement and Amalgamation amongst Dishman Pharmaceuticals and Chemicals Ltd., Carbogen Amcis (India) Limited and Dishman Care Limited and their respective Shareholders & Creditors, in which following decisions were also taken by the Board of Directors of the Company: It was decided to sell Investment made by the Company in its following Associate and group companies to the promoter directors of the Company as part of restructuring process and to consolidate its investment made in entities without any material activities or loss making entities, details of the same are mentioned herewith.
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