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Mapro Industries to merge Potential Infra Projects with itself

30 Aug 2013 Evaluate

Mapro Industries has received an approval for scheme of amalgamation of Potential Infra Projects with itself. The board of directors at its meeting held on August 29, 2013 has approved for the same.

Besides, the board considered the valuation report and approved share exchange ratio of 1:1 i.e. for every one equity share of Rs 10 each of Potential Infra Projects, one new equity share of Rs 10 each of Mapro Industries.

Peers
Company Name CMP
Larsen & Toubro 3685.50
Kalpataru Projects 1357.40
NCC 130.10
Rail Vikas Nigam 197.00
KEC International 372.40
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