Grasim Industries fixes record date for scheme of amalgamation

22 Jun 2017 Evaluate

Grasim Industries has fixed July 06, 2017 as the Record Date for merger of Aditya Birla Nuvo (ABNL) with Grasim Industries in terms of the Scheme for determining the entitlement of the equity shareholders of ABNL to receive fully paid up equity shares of Grasim Industries in the ratio of 15 fully paid up equity share of Rs 2 each of Grasim Industries credited as fully paid up for every 10 fully paid up equity shares of 10 each, held by such shareholder in ABNL.

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

Peers
Company Name CMP
Grasim Industries 2285.35
DCM Shriram 848.50
Birla Corporation 1418.45
Surya Roshni 508.70
Century Textile &Ind 1632.50
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