Grasim Industries Fixes Record Date for Scheme of Amalgamation of Aditya Birla Chemicals (India) Ltd

The Board of Directors of Grasim Industries Ltd has fixed January 15, 2016 as the "Record Date" for determining the entitlement of the equity shareholders of Aditya Birla Chemicals (India) Ltd (ABCIL) to receive fully paid up equity shares of Grasim Industries Ltd in the ratio of 1 (one) fully paid up equity share of Rs. 10/- (Rupees Ten) each of Grasim Industries Ltd credited as fully paid up for every 16 (Sixteen) fully paid up equity shares of Rs. 10/- (Rupees Ten) each, held by such shareholder in Aditya Birla Chemicals (India) Ltd (ABCIL).

Shares of GRASIM INDUSTRIES LTD. was last trading in BSE at Rs.3648 as compared to the previous close of Rs. 3657.9. The total number of shares traded during the day was 1202 in over 363 trades.

The stock hit an intraday high of Rs. 3689.7 and intraday low of 3630. The net turnover during the day was Rs. 4404929.

Shares of ADITYA BIRLA CHEMICALS (INDIA) LTD. was last trading in BSE at Rs.230 as compared to the previous close of Rs. 231.7. The total number of shares traded during the day was 8689 in over 190 trades.

The stock hit an intraday high of Rs. 236 and intraday low of 229. The net turnover during the day was Rs. 2015574.

Source : Equity Bulls

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