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Himalya International informs about updates on outcome of board meeting

19 Aug 2016 Evaluate

With reference to the Outcome of Board Meeting of the Company dated August 18, 2016, Himalya International has clarified that the Company has approved the draft structure of the scheme to demerge its processed food division situated in Gujarat and real estate business comprising of land holding at Neemrana, Rajasthan into two different wholly owned subsidiaries of the Company and such wholly owned subsidiaries will be listed post implementation of the Scheme. The Board of the Company has also constituted the Re-organization Committee which is authorized to draft the scheme of arrangement and place the draft scheme with the Board of Directors.

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

Himalaya Food Share Price

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