IID forgings to consider amalgamation scheme
Alloy steel manufacturer, IID forgings Ltd on Thursday said its equity shareholders will consider the arrangement embodied in the scheme of amalgamation between BDP India Pvt Ltd with itself and their respective shareholders and creditors.
The shareholders at its meeting on October 13 would consider and if thought fit would approve with or without modification the scheme of amalgamation between logistics services provider BDP India with itself, IID forgings informed the Bombay Stock Exchange.
Shares of the company were trading at Rs 568.40, up 1.99 per cent at the BSE.
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