Corporate News     02-Dec-23
Borosil update on scheme of arrangement
Borosil announced that the scheme of arrangement amongst Borosil and Klass Pack and Borosil Technologies has been made effective from 02 December 2023.

Pursuant to the scheme:
i) Scientific and Industrial Products Business of the Company stands demerged into Klass Pack;
ii) Borosil Technologies stands amalgamated into Klass Pack and accordingly ceases to be a subsidiary of the Company; and
iii) Klass Pack as well as Goel Scientific Glass Works also ceases to be subsidiaries of the Company

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