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Genus Power Infrastructures Ltd Updates On Scheme Of Arrangement

Wednesday, 31 Oct 2012 07:24am EDT 

Genus Power Infrastructures Ltd announced that the Scheme of Arrangement for amalgamation of Genus Paper Products Limited with the Company and demerger of 'Non Power Infrastructure Undertaking' of the Company into Genus Paper & Boards Limited have been approved by the requisite majority of the equity shareholders, secured creditors and unsecured creditors of the Company, as per the provisions of the Companies Act, 1956. 

Company Quote

-2.2 -6.79%
5:45am EDT