BHARAT FORGE LTD. - Updates on Scheme of Amalgamation
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| 10 Feb 2014 | |
| Bharat Forge Ltd has informed BSE that a Scheme of Amalgamation under Sections 391 to 394 of the Indian Companies Act, 1956 amongst<br/><br/>- Kalyani ALSTOM Power Limited (Transferor Company) a joint venture subsidiary Company of Bharat Forge Limited and ALSTOM Power Holdings S.A. having their shareholding at 51% and 49%, respectively; and<br/><br/>- ALSTOM Bharat Forge Power Limited (Transferee Company) a joint venture Company of ALSTOM Power Holdings S.A. and Bharat Forge Limited having their shareholding at 51% and 49%, respectively; and<br/><br/>- their respective Shareholders and Creditors<br/><br/>has been filed in the Honble High Court of Delhi.<br/><br/>The Appointed date as proposed under the scheme is April 01, 2013.<br/><br/>On the Scheme becoming effective, the Kalyani ALSTOM Power Limited (Transferor Company) shall stand dissolved without being wound up and amalgamated into ALSTOM Bharat Forge Power Limited (Transferee Company) a joint venture Company of ALSTOM power Holdings S.A. and Bharat Forge Limited. | |
| View all announcements for BHARAT FORGE LTD. | Source: BSE India |
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