Pearl Global Industries gets nod for Scheme of Arrangement

15 Nov 2012 Evaluate

Pearl Global Industries has received an approval for Scheme of Arrangement between the company and PDS Multinational Fashions - its wholly owned subsidiary and their respective shareholders and creditors for demerger of the business undertaking of the company and its subsequent merger with and into the PDS Multinational Fashions. The company’s board gave its approval on November 12, 2012

Pearl Global Industries currently operate in 6 strategic locations and 2 continents, with a turnover of $270 million (2010-11), leveraging the strengths of each country in creating a strong value for its clients.

Pearl Global Inds. Share Price

537.35 -2.05 (-0.38%)
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Peers
Company Name CMP
PDS 475.00
Vardhman Textiles 445.00
Arvind 269.20
Welspun Living 137.65
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