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Outcome of board meeting of Titagarh Wagons

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Capital Market

Held on 11 September 2014

Titagarh Wagons announced that the Board at its meeting held on 11 September 2014 in principle approved merger of some of the subsidiaries of the Company including Titagarh Marine with the Company, subject to necessary compliances in this regard.

The Board has authorized the Restructuring Committee to get a detailed Scheme, valuation report and other data prepared on the subject for consideration at its next meeting.

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First Published: Sep 12 2014 | 5:44 PM IST

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