Hon'ble High Court, Calcutta sanctions Scheme of Amalgamation of Mcleod Russel

Mcleod Russel India Ltd has announced that at the Hearing held on May 08, 2007 the Hon'ble High Court at Calcutta has sanctioned the Scheme of Amalgamation of Doom Dooma Tea Company Ltd with the Company with effect from April 01, 2006.

The stock was trading at Rs.70.95, down by Rs.0.65 or 0.91%. The stock hit an intraday high of Rs.72.50 and low of Rs.70.30. The total traded quantity was 22813 compared to 2 week average of 167334.

Source : Equity Bulls

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