Hon'ble High Court of Judicature at Madras approves Scheme of Amalgamation of Sun TV

Sun TV Ltd has announced that the Hon'ble High Court of Judicature at Madras has approved the Scheme of Amalgamation of Gemini TV Pvt Ltd and transfer and vesting of all the undertakings / divisions except FM radio division of Udaya TV Pvt Ltd with the Company.

Shares of the company are trading at Rs.1542.05, down by Rs.23.10 or 1.47% with volume of 27296 shares.

Source : Equity Bulls

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