Updates on Scheme of Arrangement
Star Ferro and Cement Ltd has informed BSE that the Hon'ble High Court of Meghalaya at Shillong, vide its order dated March 31, 2015 has approved the Scheme of Arrangement for demerger between Star Ferro and Cement Limited, Shyam Century Ferrous Limited and their respective shareholders with effect from Appointed Date i.e. April 01, 2014.The Scheme will become effective upon filing of certified copy of the Order with the Registrar of Companies.