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Action Construction Equipment informs about updates on scheme of amalgamation

27 Jan 2016 Evaluate

Action Construction Equipment has informed that on January 22, 2016, the Company has filed with the Registrar of Companies, Delhi, in E-form INC-28, the Order of the Hon’ble High Court of Punjab & Haryana, at Chandigarh, passed in the matter of Company Petition No. 128 of 2015 connected with Company Petition No. 61 of 2015, sanctioning the Scheme of Amalgamation of ACE TC Rentals (Transferor Company) with Action Construction Equipment (Transferee Company) under Sections 391 to 394 and other applicable provision of the Companies Act, 1956. With the above stated filing, the Amalgamation of ACE TC Rentals (Transferor Company) with Action Construction Equipment (Transferee Company) has been effective with effect from January 22, 2016, (the Effective Date).The Appointed Date for the Scheme of Amalgamation is April 01, 2014.

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

Peers
Company Name CMP
BEML 2034.00
Action Const. Equip 1230.80
Sanghvi Movers 452.90
TIL 255.00
Brady & Morris Engg. 675.00
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