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Borosil informs about scheme of arrangement

02 Dec 2023 Evaluate
Borosil has informed that the Scheme has been made effective from today, Saturday, December 02, 2023 (‘Effective Date’) by filing requisite forms with the office of Registrar of Companies, Mumbai; Pursuant to the Scheme & with effect from today ( the Effective Date): Scientific and Industrial Products Business of the Company stands demerged into Klass Pack; Borosil Technologies stands amalgamated into Klass Pack and accordingly ceases to be a subsidiary of the Company; and Klass Packas well as Goel Scientific Glass Works also ceases to be subsidiaries of the Company.

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

Borosil Share Price

219.15 -1.10 (-0.50%)
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