Sharda Motor Industries gets nod to demerge automobile seating undertakings

Sharda Motor Industries

Sharda Motor Industries has received approval for scheme of arrangement for the company with the Resulting Company presently under incorporation in the name of NOR Auto Components and their respective shareholders and creditors. The Scheme provides for the demerger of Automobile Seating Undertaking into Resulting Company. The Board of Directors of the Company at its … Read more