Corporate Announcement
Security Code : 500165    Company : KANSAINER    
 
Announcement under Regulation 30 (LODR)-Scheme of ArrangementDownload PDF Download XBRL
  Exchange Received Time  29/07/2019 18:37:19         Exchange Disseminated Time   29/07/2019 18:37:27              Time Taken   00:00:08
This is to inform you that the Board of Directors of Kansai Nerolac Paints Limited has,in its meeting held on July 29, 2019, approved the Scheme of Amalgamation of the Company's wholly owned subsidiaries Marpol Private Limited and Perma Construction Aids Private Limited with the Company, subject to the approval of the equity shareholders and Creditors of Marpol, Perma and our Company and the necessary statutory approvals from various regulatory authorities. It has also approved the process of undertaking the process of the proposed merger.
 

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