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Board of Arfin India approves revised scheme of amalgamation

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At meeting held on 20 May 2017

Arfin announced that the Board of Directors of the Company at its meeting held on 20 May 2017 has approved the revised scheme of amalgamation of Mahendra Aluminium Company (transferor) with Arfin with the appointed date i.e. 01 April 2017. The scheme is subject to approval of shareholders, the National Company Law Tribunal and all other regulatory and necessary approvals. The Board has also recommended a final dividend of Rs 2 per share for FY ended 31 March 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 20 2017. 14:10 IST