In continuation to disclosure dated 3rd September 2021 pertaining to the sanction of the Scheme of Arrangement between Grasim Industries (‘Transferor Company’) and Indorama India (‘Transferee Company’) and their respective shareholders and creditors (‘Scheme’), by Hon’ble National Company Law Tribunal, Indore Bench at Ahmedabad (‘NCLT Indore’), Grasim Industries has informed that on 16th September 2021 the Transferor Company has received the web copy of the Order passed by NCLT Indore on 2nd September 2021 sanctioning the Scheme. The copy of the said Order of NCLT Indore is enclosed. There are other Conditions Precedents to be completed and the Scheme shall become effective upon the completion of all the conditions set out in Clause 23 of the Scheme. A copy of this disclosure is being uploaded on the Transferor Company's website at www.grasim.com.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Grasim Industries | 2718.25 |
| DCM Shriram | 1225.85 |
| 3M India | 31394.15 |
| Hindustan Foods | 509.15 |
| Balmer Lawrie & Co | 176.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: