Kirloskar Brothers Investments has received an approval for the proposed scheme of amalgamation of Pooja Credits with the company. The company has received an approval from Bombay High Court vide its order dated November 18, 2011.
Earlier in January this year, the company had received its board’s approval for the proposal for amalgamation of Pooja Credits, Transferor Company with the company.
Kirloskar Brothers Investments operates as an investment company in India. It involves in buying, selling, investing, and acquiring by gift, transfer, and allotment, as well as holding in its name shares, stock, papers, debenture stocks, bonds, commercial papers, obligations, and securities of any kind issued and/or guaranteed by Kirloskar Group Companies and/or their affiliates under any scheme of arrangement/merger/demerger or under any court order or by way of transfer and allotment.
