Corporate News     24-Feb-16
Mohit Industries gets High Court approval for scheme of demerger
On 22 February 2016
Mohit Industries announced that on 22 February 2016, The Hon'ble High Court, of Gujarat at Ahmedabad has orally pronounced a common order sanctioning the Scheme of Demerger of the AAC Block Division of Mohit Industries into Bigbloc Construction. This Scheme was approved by the Shareholders of Mohit Industries at the Court Convened Meeting held on 10 November 2015.

The effectiveness of the said Scheme is, inter alia, subject to filing of a copy of the said order with the Gujarat, Registrar of Companies. The authenticated and certified copy of the order is awaited.

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