Prakash Industries has informed that the hearing of the scheme of arrangement between the company and Prakash Pipes (demerger scheme of PVC pipes undertaking) was listed on 10th January 2019 before Honorable National Company Law Tribunal, Chandigarh. After the hearing, the order has been reserved by the Honorable bench. This disclosure is under terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.