Zuari Global’s arm get nod for scheme of arrangement

01 Mar 2019

Zuari Global’s wholly owned subsidiary -- Zuari Finserv has received approval for Scheme of Arrangement between Zuari Commodity Trading and Zuari Finserv and their respective Shareholders and Creditors. The Board of Directors of Zuari Finserv has approved the same.

The scheme involves the merger of entire undertaking of Zuari Commodity Trading and vesting thereof in Zuari Finserv. The dissolution of Zuari Commodity Trading without process of winding-up and re-organisation of Authorised Share Capital of Zuari Finserv and cancelation of entire issued, subscribed and paid up capital of Zuari Commodity Trading.

Zuari Global, erstwhile Zuari Industries, has been the principal promoter entity for the Zuari Group of Companies, with forays into fertilizer, seeds, engineering, lifestyle industries and services.

Related Zuari Global Ltd. Links:

Zuari Global Share Price

88.75 -0.15 (-0.17%) Mar 04, 18:59
1 Year Price Chart
Peers
Company Name CMP
MMTC 46.10
Redington 183.20
Adani Enterprises 918.55
Amrapali Industries 4.28
Gujarat Gas 543.45
View more..
Sensex vs Zuari Global
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback