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Amulya Leasing plans to merge subsidiary with itself

15 Jan 2015 Evaluate

Amulya Leasing & Finance is planning to become a manufacturing company through merger of a 51 per cent of its unlisted subsidiary Apollo Pipes. The new entity’s name has been proposed as Apollo Irrigation Systems. In this regard, the company’s board would meet next week to formally consider the merger proposal.

Through a postal ballot, the company has already sought shareholders’ consent for changing name and nature of the business.

Amulya Leasing and Finance, a Delhi based company is engaged in the business of financing, and sale and purchase of shares in India.

Apollo Pipes Share Price

466.15 10.15 (2.23%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3705.80
Astral 1612.85
Finolex Inds 174.70
Nilkamal 1320.05
Jain Irrigation Sys 33.05
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