Amalgamation gets final court approval….
The High Court of Punjab & Haryana has approved the amalgamation of
Escorts Construction Equipment Ltd (ECEL), Escotrac Finance &
Investments (Escotrac) Pvt Ltd and Escorts Finance and Investments and
Leasing Pvt Ltd (EFILL) with Escorts Ltd. The equity shareholders and
unsecured creditors have already approved the scheme of arrangement
of the merger
http://content.icicidirect.com/mailimages/ICICIdirect_Escorts_QuickComment.pdf
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