You are here: Home » News-CM » Companies » News
Business Standard

Prism Johnson update on scheme of arrangement and amalgamation

Capital Market 

Scheme becomes effective on 11 May 2021

Prism Johnson announced that the company has filed, with the Registrar of Companies/Ministry of Corporate Affairs, the certified copy of the Order passed by the Hon'ble National Company Law Tribunal, Hyderabad Bench sanctioning the Composite Scheme of Arrangement and Amalgamation amongst Prism Johnson, H. & R. Johnson (India) TBK, Milano Bathroom Fittings, Silica Ceramica , TBK Rangoli Tile Bath Kitchen, TBK Venkataramiah Tile Bath Kitchen, TBK Samiyaz Tile Bath Kitchen and their respective shareholders and creditors (Scheme).

Accordingly, the Scheme has become effective on 11 May 2021 with Appointed Date being 01 April 2018.

Powered by Capital Market - Live News

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

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, May 11 2021. 20:14 IST