NCLT approves amalgamation of Zydus Wellness' two subsidiaries

24 May 2019 Evaluate

National Company Law Tribunal (NCLT), Bench at Ahmedabad has given an approval to Zydus Wellness for the Scheme of Amalgamation (Scheme) between two subsidiaries, Heinz India (Heinz) with Zydus Nutritions (ZNL). Upon amalgamation, Heinz has ceased to be in existence and also to be the subsidiary of the company. The effective date of the Scheme is May 24, 2019.

Zydus Wellness is an integrated consumer company. The company is engaged in the development, production, marketing and distribution of health and wellness products.

Zydus Wellness Share Price

1465.00 -7.80 (-0.53%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Nestle 2623.30
Britannia Inds 4889.75
Varun Beverages 1400.65
Marico 499.00
Godrej Agrovet 486.25
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.