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TTK PRESTIGE LTD. - Outcome of Sub Committee MeetingBR_TAG
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27 Nov 2012
TTK Prestige Ltd has informed BSE that a meeting of the Sub Committee of the Board was held on November 27, 2012.<br/><br/>A Scheme of Arrangement between TTK Prestige Limited and Triveni Bialetti Industries Private Limited (TBI) has been approved by the Sub-committee, subject to the approval of shareholders in general meeting and confirmation by the High Courts of Chennai and Mumbai.<br/><br/>The above Scheme of Arrangement if approved and confirmed by the Courts shall demerge the Kitchen Appliances Division of TBI and vest the same with TTK Prestige Limited.
View all announcements for TTK PRESTIGE LTD. Source: BSE India