MoneyWorks4Me

ASI Industries informs about amalgamation

30 Apr 2020 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ASI Industries has informed that the Honourable National Company Law Tribunal (NCLT), Mumbai bench through its order dated April 23, 2020, through video call, has approved the amalgamation for the merger of Deejay Mining and Exports (‘Transferor Companies’) with ASI Industries (‘Transferee company’) and its shareholders and creditors pursuant to sections 230 to 232 read with section 234 and other relevant provisions Companies Act, 2013. The order was uploaded on the website of NCLT, Mumbai on 29th April,2020.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Coal India 414.30
NMDC 80.30
Ashapura Minechem 541.30
Sandur Manganese 183.80
GMDC 558.35
View more..