Shirpur Gold Refinery. Shirpur Gold Refinery Problem. Shirpur Gold Refinery Board Meeting, Shirpur Gold Refinery stock price, Shirpur Gold Refinery share price
Shirpur Gold Refinery Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 15, 2009, inter alia, has considered and approved the Scheme of Arrangement between Kala Kosh Auctions Pvt Ltd ('Kala Kosh') and Shirpur Gold Refinery Ltd ('Shirour Gold' or 'the Company') and their respective Shareholders and Creditors ('Scheme') under sections 391 to 304 of the Companies Act, 1956. The salient features of the Scheme are as under:
1. The Scheme envisages the amalgamation of Kala Kosh with Shirpur Gold with effect from the Appointed Date i.e. April 01, 2009.
2. The share exchange ratio will be 152 (One Hundred Fifty Two) fully paid equity shares of Rs. 10 each of Shirpur Gold for every 100 (One Hundred) equity shares of Rs. 10/- each of Kala Kosh based on the valuation done by the independent valuers M/s. BDO Consulting Pvt. Ltd. and fairness opinion issued by the Independent merchant bankers M/s. Fortune Financial Services (India) Ltd.
3. The Scheme is subject to requisite consent, approval of the requisite majority of the shareholders of the companies, the Hon'ble High Court of Judicature at Bombay, the permission or approval of any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme.
Shirpur Gold Refinery Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 15, 2009, inter alia, has considered and approved the Scheme of Arrangement between Kala Kosh Auctions Pvt Ltd ('Kala Kosh') and Shirpur Gold Refinery Ltd ('Shirour Gold' or 'the Company') and their respective Shareholders and Creditors ('Scheme') under sections 391 to 304 of the Companies Act, 1956. The salient features of the Scheme are as under:
1. The Scheme envisages the amalgamation of Kala Kosh with Shirpur Gold with effect from the Appointed Date i.e. April 01, 2009.
2. The share exchange ratio will be 152 (One Hundred Fifty Two) fully paid equity shares of Rs. 10 each of Shirpur Gold for every 100 (One Hundred) equity shares of Rs. 10/- each of Kala Kosh based on the valuation done by the independent valuers M/s. BDO Consulting Pvt. Ltd. and fairness opinion issued by the Independent merchant bankers M/s. Fortune Financial Services (India) Ltd.
3. The Scheme is subject to requisite consent, approval of the requisite majority of the shareholders of the companies, the Hon'ble High Court of Judicature at Bombay, the permission or approval of any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme.
No comments:
Post a Comment