Jayant Agro-Organics has informed that the Board of Directors at its meeting held on July 31, 2021 had approved the draft Scheme of Merger by Absorption between Jayant Finvest and Jayant Agro-Organics and their respective shareholders and creditors under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 involving the amalgamation of Jayant Finvest (JFL) with Jayant Agro-Organics. Further informed that subsequent to the said approval, pursuant to SEBI Master Circular SEBI/HO/CFD/DIL1/CIR/P/2020/249 dated December 22, 2020 and the Listing Regulations, the said merger application was filed with Stock Exchanges. More details enclosed.
The above information is a part of company’s filings submitted to BSE.