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Grasim Industries informs about scheme of arrangement

17 Sep 2021

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.

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Grasim Industries Share Price

1713.40 -32.80 (-1.88%) Oct 22, 18:01
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Company Name CMP
Grasim Industries 1713.40
SRF 2219.15
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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