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KEDIA CONSTRUCTION CO.LTD. - Board Meeting Outcome for Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended ("SEBI Listing Regulations").
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21 Jun 2024
In terms of Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors (&quot;Board&quot;) of Kedia Construction Company Limited (&apos;&apos;the Company&apos;&apos;) at its meeting held today, i.e. on Friday, June 21, 2024, has, inter-alia, subject to the approval of the shareholders of the Company, considered and approved the Scheme of Arrangement and Amalgamation between Kirti Investments Limited (&quot;Transferor Company&quot; or &quot;KIL&quot;) and Kedia Construction Company Limited (&quot;Transferee Company&quot; or &quot;KCCL&quot;) and their respective shareholders and creditors under Section 66 and Sections 230-232 of the Companies Act,2013 (&quot;Scheme&quot;). The equity shares of the Transferee Company are listed on BSE Limited and the equity shares of the Transferor Company are listed on Metropolitan Stock Exchange of India Limited. The Scheme is subject to necessary statutory and regulatory approvals including the approval of Hon&apos;&apos;ble National Company Law Tribunal, Mumbai Bench.
View all announcements for KEDIA CONSTRUCTION CO.LTD. Source: BSE India