Pennar Industries has informed that a meeting of Board of Directors was held on 15 th May 2019, to take on record the certified copy of the NCLT Order dated 8 th May 2019, sanctioning the scheme of amalgamation between Pennar Engineering Building Systems and Pennar Enviro, with Pennar Industries and their respective shareholders, creditors and employees and authorizing actions pursuant there to making scheme effective.
The above information is a part of company’s filings submitted to BSE.