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Board of Indsil Hydro Power & Manganese approves scheme of amalgamation

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At meeting held on 16 June 2017

The Board of Directors of & Manganese at its meeting held on 16 June 2017 has approved the Scheme of Amalgamation of Indsil Energy and Electrochemicals (Transferor Company) with and Manganese (Transferee Company) (the Company) with effect from 1 April 2017 ('Appointed Date') pursuant to Sections 230 to 232 of the Companies Act, 2013 subject to the necessary approval of the National Company Law Tribunal, Chennai Bench and such other authorities as may be required.

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First Published: Fri, June 16 2017. 17:23 IST