1. Capital Market

  2. Corporate News

  3. Corporate News

Kirloskar Brothers' subsidiary to merge with Kirloskar Constructions and Engineers

capital market | Mumbai | February 15, 2014 06:19 IST

Kirloskar Brothers' subsidiary to merge with Kirloskar Constructions and Engineers

Kirloskar Brothers has announced that at the meeting held on 29 November 2012, the board of the company has noted and decided to provide consent to the scheme of arrangement and amalgamation of the company's wholly owned subsidiary viz., Hematic Motors, Karad (HMPL) with Kirloskar Constructions and Engineers, Chennai (KCEL) and their respective members and creditors.

The said scheme has also been approved by the respective boards of directors of HMPL and KCEL.

Powered by Capital Market - Live News

BSE 224.20 [3.40]([1.49]%)
NSE 223.40 [5.20]([2.27]%)

***Note: This is a BSE Chart









 

 
 
 
Recent Reports
News