MoneyWorks4Me

Smiths & Founders (India) informs about Outcome of Board Meeting

30 Dec 2014 Evaluate

Smiths & Founders (India) has informed that the Board of Directors of the Company at its meeting held on December 27, 2014, has allotted 48838260 equity shares of Re 1 to the shareholders of erstwhile Smiths & Founders (India) Limited, being the balance shares entitled to by them consequent to its merger with the Company, as per the approved Scheme of Rehabilitation sanctioned by the Hon. BIFR on February 20, 2014.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Forge 2010.95
Ramkrishna Forgings 716.60
MM Forgings 618.50
Happy Forgings 2104.70
Balu Forge Inds. 500.35
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