(12-Nov-2010 Hours IST)
Globus Spirits Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 12, 2010, have approved Scheme of Arrangement providing for demerger of demerged undertaking of M/s. Associated Distilleries Ltd. with M/s. Globus Spirits Ltd., with effect from April 01, 2010, being the Appointed Date subject to the requisite approvals and sanction of the Scheme by Hon'ble High Court. Globus Spirits Ltd has informed BSE about the Audited Financial Results for the Financial Year 2010-11 pursuant to the sanction of scheme of arrangement provided for demerger of demerged undertaking of M/s. Associated Distilleries Ltd. into M/s. Globus Spirits Ltd w.e.f. aThis is with reference to the above captioned subject, please find herewith the Audited Financial Results for the Financial Year 2010-11 pursuant to the sanction of scheme of arrangement provided for demerger of demerged undertaking of MIs Associated -Distilleries Limited into MI Globus Spirits Limited w.e.f. April 01, 2010 being the appointed date by Hon'ble High Court of Delhi. (As Per BSE Announcement Dated on 03.10.2011)
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