MoneyWorks4Me

Saregama India informs about scheme of arrangement

19 Nov 2022 Evaluate

Pursuant to an order dated Thursday, 18th November, 2022, passed by the Hon’ble Tribunal in Company Application viz. CA (CAA) No. 141/KB/2022, Saregama India has informed that the meeting of the Equity Shareholders of the Company, will be held for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement between Saregama India (the company) and Digidrive Distributors and their respective shareholders and creditors (‘Scheme’), through video conferencing or other audio-visual means on Wednesday, 21st December, 2022 at 11:00 am (IST). The Hon’ble Tribunal has further ordered that the cut-off date for determining eligibility of Equity Shareholders of the Company to vote shall be Wednesday, 14th December, 2022. A copy of the abovementioned order issued by the Hon’ble Tribunal is available on the website of the Hon’ble Tribunal and the Company, respectively. Weblink of Hon’ble Tribunal is attached.

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

Peers
Company Name CMP
PVR Inox 1329.05
Saregama India 500.40
Shemaroo Entertain. 119.75
UFO Moviez India 61.00
Balaji Telefilms 95.70
View more..