Sturdy Industries Ltd has informed that the Board of Directors of the Company at its meeting held on February 09, 2008, has considered and approved the proposal for merger of M/s. Nuline Industries Pvt. Ltd. and M/s. Swati Storwel Pvt Ltd with the Company.
The Scheme shall be subject to requisite consent / approval of the requisite majority of the shareholders and creditors of the Companies, the Honble High Court of Shimla, the permission or approval of any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme.
The Scheme shall be subject to requisite consent / approval of the requisite majority of the shareholders and creditors of the Companies, the Honble High Court of Shimla, the permission or approval of any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme.
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