APM Industries is planning to demerge its finance and investment undertaking and subsequent amalgamation with its wholly owned subsidiary, APM Finvest, a company registered with Reserve Bank of India as Non-Banking Financial Company. The board of directors at their meeting on January 11, 2018 will consider and approve the Draft Scheme of Arrangement.
APM Industries is engaged in the manufacturing and marketing of synthetic blended yarn. The company's principal product includes staple/polyester yarn and acrylic yarn.
