Hon'ble High Court of Judicature at Bombay sanctions Scheme of Amalgamation of Phoenix Mills

Phoenix Mills Ltd has announced that that the Hon'ble High Court of Judicature at Bombay has sanctioned the Scheme of Amalgamation between Ashok Ruia Enterprise Pvt Ltd with the Company and their respective shareholders and creditors on September 14, 2007. The Scheme will become effective once the order is received from the Court and filed with the Register of Companies.

Source : Equity Bulls

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