PTL Enterprises has informed that the scheme of demerger of Medicare and Healthcare Undertaking of PTL Enterprises into Artemis Global Life Sciences (formerly known as PTL Projects) was sanctioned by the Hon’ble High Court of Kerala on December 16, 2016. The Company is yet to receive the certified copy of the order from the Hon’ble High Court of Kerala for the same.
The above information is a part of company’s filings submitted to BSE.