Amalgamation of HG Industries Ltd and Greenlam Industries Ltd.
Per a circular, Greenlam Industries Ltd. has announced the allotment of equity shares to HG Industries Ltd. shareholders w.e.f 22-Nov-23. 1 equity share of Greenlam Industries Ltd. to be issued for every 2 equity shares held by shareholders of HG Industries Ltd.
The following security will be suspended from trading w.e.f 22-Nov-23.
Name of Company | Symbol | Reason for Suspension |
HG Industries Ltd. | HGIND | Scheme of Amalgamation |
Refer: BSE Circular