Updates on Scheme of Amalgamation
With reference to the earlier letter dated February 10, 2016, Digjam Ltd has now informed BSE that the Hon'ble High Court of Gujarat vide its Oral Judgement has on February 17, 2016 sanctioned the Scheme of Amalgamation between Digjam Limited and Digjam Textiles Limited (the wholly owned subsidiary) and their respective Creditors and Shareholders u/s 391 to 394 of the Companies Act, 1956 and applicable provisions of the Companies Act, 2013, if any,...