Meghmani Organic proposes to merge Finechem and Agrochem subsidiaries

AHMEDABAD | MUMBAI | RAJKOT – Meghmani Organics Ltd has informed the stock exchanges in India on Friday, August 17, 2018 regarding proposed amalgamation of Meghamani Finechem Ltd – a subsidiary company and Meghmani Agrochemicals Pvt Ltd, a wholly owned subsidiary company.

The proposed amalgamation is subject to the approval of National Company Law Tribunal, Ahmedabad, the filing read.


Announcement had hit the exchange on Friday after the trading session for the week had ended.

It will be indeed interesting to see when markets re-open on Monday, how investors & traders are reacting to the proposed merger announcement by the company and what sort of impact will it have on the share prices of the company on the Indian Bourses.


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