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Coromandel International updates on Scheme of Amalgamation

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Capital Market

Gets approval from High Court at Hyderabad

Coromandel International announced that the Hon'ble High Court of Judicature at Hyderabad for the State of Telangana and the State of Andhra Pradesh has sanctioned the Scheme of Amalgamation of Sabero Organics Gujarat with Coromandel International ("Scheme") vide its Order dated 22 September 2014 and a copy of the Order of the Hon'ble high Court in this regard was received by the Company on 28 October 2014.

Further, the Company has informed that sanction is awaited from the Hon'ble High Court of Gujarat for the Company Petition filed by the transferor Company, Sabero Organics Gujarat.

 

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First Published: Oct 30 2014 | 9:55 AM IST

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