Nirma Updates on scheme of arrangement

Nirma Ltd has announced that the copy of the Certified Order received from the Hon'ble High Court of Gujarat dated March 05, 2007, approving the Composite Scheme of Arrangement in the nature of Compromise with the Lenders, Reorganisation of Capital of the Company, in the form of sub-division of equity shares of the Company from the face value of Rs 10/- per share to Rs 5/- per share, and demerger and transfer of Undertaking of Core Healthcare Ltd.

Source : Equity Bulls

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