Meghmani Organics Limited (MOL) has announced that a Scheme of Arrangement for Amalgamation amongst Meghmani Finechem Limited (MFL) a Subsidiary and Meghmani Agrochemicals Private Limited (MAPL), a wholly-owned subsidiary of MOL is proposed.
The Proposed Scheme shall be subject to the approval of National Company Law Tribunal, Ahmedabad.
Shares of MEGHMANI ORGANICS LTD. was last trading in BSE at Rs.91.1 as compared to the previous close of Rs. 90.8. The total number of shares traded during the day was 86270 in over 616 trades.
The stock hit an intraday high of Rs. 92.5 and intraday low of 90.5. The net turnover during the day was Rs. 7878379.