IPCL seeks shareholders' nod for merger
Reliance Industries Ltd's subsidiary Indian Petrochemicals Corporation Ltd on Tuesday said it is seeking shareholders' approval for amalgamating its subsidiaries with itself.
By PTI |
MUMBAI: Reliance Industries Ltd's subsidiary Indian Petrochemicals Corporation Ltd on Tuesday said it is seeking shareholders' approval for amalgamating its subsidiaries with itself.
Pursuant to the order of the Ahmedabad and Gujarat High Court, the shareholders would give their nod to the scheme of amalgamation of Appollo Fibres, Central India Polyesters, India Polyfibres, Orissa Polyfibres, Silvassa Industries Pvt Ltd and Recron Synthetics with the company, at a meeting to be held on July 14, IPCL informed the Bombay Stock Exchange.
Pursuant to the order of the Ahmedabad and Gujarat High Court, the shareholders would give their nod to the scheme of amalgamation of Appollo Fibres, Central India Polyesters, India Polyfibres, Orissa Polyfibres, Silvassa Industries Pvt Ltd and Recron Synthetics with the company, at a meeting to be held on July 14, IPCL informed the Bombay Stock Exchange.
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