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Share India Calls Stakeholder Meetings on Silverleaf Capital Amalgamation Scheme

Story Highlights
  • Share India has issued NCLT-directed notices to convene meetings of shareholders and creditors.
  • The meetings will consider a Scheme of Amalgamation merging Silverleaf Capital Services into Share India Securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Share India Calls Stakeholder Meetings on Silverleaf Capital Amalgamation Scheme

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The latest announcement is out from Share India Securities Ltd ( (IN:SHAREINDIA) ).

Share India Securities Limited has announced that it has published newspaper notices convening meetings of its equity shareholders, non-convertible debenture holders, secured creditors and unsecured creditors, as directed by the National Company Law Tribunal, Ahmedabad Bench. These meetings are being called to consider a proposed Scheme of Amalgamation under which Silverleaf Capital Services Private Limited will merge into Share India Securities Limited, with the scheme subject to approval by the respective shareholders and creditors, and the related notices and advertisements made available through national and regional newspapers as well as on the company’s website.

More about Share India Securities Ltd

Share India Securities Limited is a diversified financial services firm active in India’s capital markets, operating as a member of major exchanges including NSE, BSE, MCX, NCDEX and MSEI. The company also acts as a depository participant with CDSL, an AMFI-registered mutual fund distributor, and a SEBI-registered research analyst and portfolio manager, serving a broad base of equity, debt and derivative market participants.

Average Trading Volume: 23,002

Technical Sentiment Signal: Sell

Current Market Cap: 33.17B INR

For detailed information about SHAREINDIA stock, go to TipRanks’ Stock Analysis page.

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