Trio Mercantile & Trading Ltd approves allotment of 6063000 shares

The Board of Directors of Trio Mercantile & Trading Ltd at its meeting held on December 09, 2015, has considered and approved the allotment of 60,63,000 Equity Shares of Rs. 10/- each to the shareholders of ARSS Engineering Limited pursuant to clause no. 10.1 of the Scheme of Amalgamation as approved by the Hon'ble High Court of Bombay.

The Board also authorised the Directors to take all the necessary steps for issue listing, trading permission of the aforesaid equity shares.

Source : Equity Bulls

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