Moneycontrol
Last Updated : May 04, 2018 01:27 PM IST | Source: Moneycontrol.com

Bhageria Industries gains 8% on NCLT approval for scheme amalgamation

The company's board meeting is scheduled to be held on May 04, to consider and approve audited financial results for the quarter/year ended March 31, 2018.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Shares of Bhageria Industries rose 8.6 percent intraday Friday as National Company Law Tribunal (NCLT) approved scheme amalgamation of Nipur Chemicals with the company.

Bhageria Industries and Nipur Chemicals have filled e-form No INC-28 with the Registrar OF Companies (ROC), Mumbai.

Accordingly, the Scheme has become effective from May 03, 2018 with the appointed date October 1, 2016.

The company's board meeting is scheduled to be held on May 04, to consider and approve audited financial results for the quarter/year ended March 31, 2018 and recommend dividend, if any, on equity shares of the company for the financial year 2017-18.

At 13:14 hrs Bhageria Industries was quoting at Rs 355.60, up Rs 24.10, or 7.27 percent on the BSE.

Posted by Rakesh Patil
First Published on May 4, 2018 01:27 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant