Phoenix Mills provides update on scheme of amalgamation of subsidiaries

Image
Capital Market
Last Updated : Jan 12 2017 | 6:47 PM IST

Boards of Palladium Constructions and Gangetic Hotels approve scheme of amalgamation

Phoenix Mills announced that the Company have been informed by the Company's subsidiaries, Palladium Constructions (PCPL) and Gangetic Hotels (GHPL) that their Board of Directors in their respective meetings held on 11 January 2017 have approved a Scheme of Amalgamation of GHPL with PCPL with the appointed date of 01 April 2016. The Scheme is subject to the approval of the National Company Law Tribunal at Mumbai and Allahabad and all other regulatory approvals.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 12 2017 | 6:07 PM IST

Next Story