JINDAL SAW LTD. - 500378 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We wish to inform you that the Board of Directors in their meeting held today (i.e. 16th March, 2022), approved the Composite Scheme of Amalgamation between Jindal Quality Tubular Limited, Subsidiary ('Transferor Company 1'), Jindal Tubular (India) Limited, Subsidiary ('Transferor Company 2'), and Jindal Fittings Limited, Associate ('Transferor Company 3') with Jindal Saw Limited ('Transferee Company') and their respective shareholders and creditors under sections 230-232 and other applicable provisions of the companies act, 2013 ('the Scheme').16-03-2022