Bengal & Assam Company Ltd — Dividend/Bonus, 17-06-2025: Corp. Action
17-06-2025 | 09:17 pm
17-06-2025 | 09:17 pm
Bengal & Assam Company Limited has announced a scheme of arrangement involving the demerger of Umang Dairies Limited’s dairy business and the amalgamation of its residual business into Bengal & Assam. The scheme has become effective following approvals and filing with the National Company Law Tribunal. Shareholders of Umang Dairies will receive equity shares of Bengal & Assam at the ratio of 1 share for every 92 shares (dairy business) and 1 share for every 14,652 shares (residual business) held in Umang Dairies. This restructuring aims to consolidate operations and potentially enhance shareholder value.
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