DCM Shriram updates on merger, liquidation & incorporation of co
On 24 October 2019
DCM Shriram Board of Directors announced the approval of following agenda on 24 October 2019: i) the merger of Bioseeds Limited, Mauritius, a holding Company for international business into Shriram Bioseed Ventures Limited (wholly owned subsidiaries of Company) for simplification of organizational structure subject to NCL T and other necessary approvals, ii) liquidation of Shriram Bioseed (Thailand) Limited, a step down subsidiary of the Company, subject to necessary approvals in Thailand, as it discontinued doing any activity in Thailand, and iii) the incorporation of new company in Bangladesh as a subsidiary of Bioseeds Holdings Pte Ltd., Singapore (a step down subsidiary of the Company).Powered by Capital Market - Live News
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First Published: Oct 24 2019 | 3:26 PM IST