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18 October, 2019 04:39 IST
Siyaram Silk Mills receives approval for scheme of amalgamation
Source: IRIS | 20 Dec, 2016, 08.46AM
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Siyaram Silk Mills, engaged in textile business, announced that the hon'ble High Court of Judicature at Bombay has approved the Scheme of Amalgamation of Balkrishna Synthetics with Siyaram Silk Mills. The certified copy of order sanctioning the scheme is awaited.

The scheme will come into effect upon receipt of the certified copy of the order of the Hon'ble High Court and filing of the certified copy of the order with the Registrar of Companies at Mumbai, Maharashtra.

Total volume of shares traded on the bourses today was lower by 64.96% to 3,061 compared with 22-day average volume of 8,736.

Shares of the company declined Rs 15.5, or 1.27%, to settle at Rs 1,206.00. The total volume of shares traded was 526 at the BSE (Monday).

Siyaram Silk Mills Limited   (Q,N,C,F)*

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