On 13 July 2016
Titagarh Wagons announced that the certified copy of the Order of Hon'ble High Court of Calcutta (the Order) sanctioning the Scheme of Amalgamation (the Scheme) of the Company's Wholly Owned Subsidiaries viz. Cimco Equity Holdings , Titagarh Marine , Times Marine Enterprises and Corporated Shipyard ("the Transferor Companies") with the Company has been duly filed (uploaded on the official portal MCA) and followed by hard copies thereof submitted to Registrar of Companies (West Bengal) on 13 July 2016. Therefore, pursuant to the said order the Scheme has become effective on and from 13 July 2016.As earlier informed, the aforesaid amalgamation being of the Wholly Owned Subsidiaries, there will be no issue/allotment of any shares to the shareholder of the transferor companies and therefore no record date for the purpose is applicable.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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