Vasundhara Rasayans board discusses merger with holding company

The Board of directors of Vasundhara Rasayans Limited at its meeting held on Monday, the 10th day of January, 2022 at 2.30 p.m at the registered office of the company situated at Shed No 42, Phase II, IDA, Mallapur, Hyderabad Telangana- 500076 India has discussed about the process of the Merger / Amalgamation / Arrangements with its Holding Company P & J Cretechem Private Limited.

Mr. Sunil Kumar Jain (DIN001173311) and Mr. Rajesh Pokerna (DIN:001173651) of the Company have been Authorized to sign all the Documents, Forms and other related documents for the merger and also to appoint Merchant Bankers, Registered Valuer and other professionals which may be required for the process of Merger / Amalgamation / Arrangements.

Shares of Vasundhara Rasayans Ltd was last trading in BSE at Rs. 144.75 as compared to the previous close of Rs. 147.15. The total number of shares traded during the day was 4520 in over 129 trades.

The stock hit an intraday high of Rs. 150.00 and intraday low of 143.95. The net turnover during the day was Rs. 656373.00.

Source : Equity Bulls

Keywords

VasundharaRasayans INE406F01010 Merger Amalgamation PandJCretechem