The Board of Pioneer Embroideries at their meeting held on 21 October 2022 has approved the Draft Scheme of Arrangement (the Scheme) between Pioneer Embroideries Limited (Demerged Company or PEL) and Pioneer Realty Limited (Resulting Company or PRL) and their respective shareholders and creditors. The scheme provides for the demerger of Embroidery & Bobbin Lace (ELD) business of the Company to Pioneer Realty Limited (Resulting Company or PRL) in the ratio of 4 (Four) Equity Share of Rs.10/- (Rupees Ten) each fully paid up of the Resulting Company for every 10 (Ten) Equity Share of Rs.10/- (Rupees Ten) each fully paid up held in Demerged Company.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
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
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, DP SEBI Reg. No. IN-DP-185-2016
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.
