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Mukand update on scheme of arrangement

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Capital Market
Last Updated : Aug 23 2022 | 4:31 PM IST

Scheme become effective 23 August 2022

Mukand announced that the Scheme of Arrangement amongst Mukand Sumi Metal Processing (MSMPL) and Mukand Sumi Special Steel (MSSSL) and their respective shareholders and creditors for demerger of Alloy Steel Business from MSMPL into MSSSL (Scheme of Arrangement) has become effective today i.e. 23 August 2022 upon filing of the aforesaid certified copy of Order of NCLT by MSMPL and MSSSL with the Registrar of Companies, Mumbai.

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First Published: Aug 23 2022 | 4:16 PM IST

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