SRS: Outcome of board meeting

SRS at its meeting held on July 15, 2013, has considered the proposal for demerger of Cinema Division and Retail Division of the Company and consequently amalgamate the same with its wholly owned subsidiaries, namely SRS Cinemas & Entertainment and SRS Modern Retail, respectively, which shall also be listed at the Stock Exchange(s).
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Announcements

Jul 15, 2013, 04.45 PM | Source: Moneycontrol.com

SRS: Outcome of board meeting

SRS at its meeting held on July 15, 2013, has considered the proposal for demerger of Cinema Division and Retail Division of the Company and consequently amalgamate the same with its wholly owned subsidiaries, namely SRS Cinemas & Entertainment and SRS Modern Retail, respectively, which shall also be listed at the Stock Exchange(s).

Like this story, share it with millions of investors on M3

SRS: Outcome of board meeting

SRS at its meeting held on July 15, 2013, has considered the proposal for demerger of Cinema Division and Retail Division of the Company and consequently amalgamate the same with its wholly owned subsidiaries, namely SRS Cinemas & Entertainment and SRS Modern Retail, respectively, which shall also be listed at the Stock Exchange(s).

Post Your Comments

Share Cancel

SRS Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 15, 2013, inter alia, has taken the following decisions:- The Board considered the proposal for demerger of Cinema Division and Retail Division of the Company and consequently amalgamate the same with its wholly owned subsidiaries, namely SRS Cinemas & Entertainment Limited and SRS Modern Retail Limited, respectively, which shall also be listed at the Stock Exchange(s) in accordance with the terms of the provisions of Sections 391 to 394 and other applicable provisions of the Companies Act, 1956, subject to necessary regulatory approval.The Company in reference to above has appointed advisors and other intermediaries for formulating the Structure, Valuations, etc.Source : BSE

Read all announcements in SRS

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
SRS: Outcome of board meeting

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login