At meeting held on 27 June 2022
The Board of Sahyadri Industries at its meeting held on 27 June 2022 has approved the allotment of 13,84,800 fully paid-up equity shares of Sahyadri Industries of face value 10/- each, to eligible shareholders of Poonam Roofing Products (as on the record date of 20 June 2022), as per swap ratio of scheme of arrangement i.e. 577 equity share of the face value of Rs. 10/- each, fully paid up of the Sahyadri Industries (Resulting Company) for every 10 (Ten) equity shares of the face value Rs. 100/- each held by the shareholders in the Poonam Roofing Products (Demerged Company) approved by National Company Law Tribunal (NCLT), Mumbai Bench vide order dated 28 April 2022.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app