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Digjam informs about updates on scheme of amalgamation

19 Dec 2015 Evaluate

With reference to the earlier letter dated December 15, 2015, Digjam has now informed that the Hon’ble High Court of Gujarat vide Order dated December 18, 2015 have admitted the Petitions filed by the Company as well as Digjam Textiles (its wholly owned subsidiary) for obtaining sanction to the Scheme of Amalgamation between Digjam and Digjam Textiles (the companies) and their respective creditors and shareholders and fixed February 10, 2016 for hearing the same.

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

Peers
Company Name CMP
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Manomay Tex India 219.20
BSL 126.30
VTM 75.65
Ludlow Jute &Special 262.10
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