| Shaw Wallace Distilleries to merge with McDowell
Certified copy from Bombay high court sanctioning the scheme is awaited
Shaw Wallace & Company Ltd has announced that the Hon'ble Bombay High Court on August 07, 2006, sanctioned the scheme of arrangement, involving the merger of Shaw Wallace Distilleries Ltd, a subsidiary of the company, with McDowell & Company Ltd, the ult
imate holding company.
Further the company has informed that, the certified copy of the order of the Hon'ble Bombay High Court sanctioning the aforesaid scheme of arrangement is awaited and upon filing of the same with the registrar of companies, Maharashtra, Shaw Wallace Dist
illeries shall be dissolved without winding up. |