BSECompany UpdateM&A2h ago
Siyaram Silk Mills Ltd-$
Disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 in realtion to approval of the Scheme of Arrangement between Siyaram Silk Mills ....
Siyaram Silk Mills Ltd has received approval from the National Company Law Tribunal for its Scheme of Arrangement, which involves the issuance of Preference Shares by way of bonus to its shareholders. The Scheme was approved unanimously by the Board of Directors and was also approved by the equity shareholders and unsecured creditors of the Company. The Tribunal has sanctioned the Scheme under Section 230 of the Companies Act, 2013.
Read more →📎 1 attachment