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.
