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Gloster fixes record date for scheme of amalgamation

Capital Market 

Record date is 26 April 2018

Gloster has fixed 26 April 2018 as the Record Date for the purpose of determining the shareholders entitled to receive the shares of the pursuant to the Scheme of Amalgamation Of Gloster ('Transferor Company') with ('Transferee Company').

In accordance with the Scheme, Equity Shareholders of are entitled to receive Equity Shares of the in the ratio of 2:5 i.e., 2 (two) fully paid up equity shares of Rs.10/- each of the in lieu of every 5 (five) fully paid up equity shares of 10/- each held by them in

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 13:15 IST