The Board of Hercules Hoists at its meeting held on 23 September 2022 has approved the Scheme of Arrangement between the Company (Demerged Undertaking) and Indef Manufacturing (Resulting Company or IML) and their respective shareholders and creditors (Scheme) which inter alia, provides for demerger, transfer and vesting of the Demerged Undertaking from the Company into the Resulting Company on a going concern basis. Post necessary regulatory and statutory approvals, the equity shares of the Resulting Company shall be listed on BSE and the National Stock Exchange of India.Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.