Borosil Renewables allots 2.66 crore equity shares

under scheme of amalgamation and arrangement

Feb 25, 2020 07:02 IST capital market

Borosil Renewables has allotted 2,66,21,817 equity shares of the company on 25 February 2020 to the shareholders of Vyline Glass Works, Fennel Investment and Finance Private and Gujarat Borosil (Transferor Companies) pursuant to part B of the Composite Scheme of Amalgamation and Arrangement.

The Company will soon apply for listing of these shares on the stock exchange.

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