Amalgamation of Pressman Advertising Ltd. and Signpost India Ltd.
Per a circular, Signpost India Ltd has announced the allotment of equity shares to Pressman Advertising Ltd. shareholders w.e.f 22-Sep-23. 1 equity share with a face value of Rs.2/- each of Signpost India Ltd. to be issued as fully paid up equity shares for every 1 fully paid up equity share with a face value of Rs 2/- each held by shareholders of Pressman Advertising Ltd.
The following security will be suspended from trading w.e.f 22-Sep-23.
Name of Company | Symbol | Reason for Suspension |
Pressman Advertising Limited | PRESSMN | Scheme of Amalgamation |
Refer: BSE Circular