Panasonic Appliances - Outcome of Board Meeting

Panasonic Appliances India Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 14, 2013, inter alia, has approved the following :

- Scheme of Arrangement under section 391 read with sections 78, 100 to 104 of the Companies Act, 1956 to facilitate the proposed corporate restructuring exercise wherein a portion of the Securities Premium Account would be utilized/adjusted against the profit & Loss account.

Read more about: panasonic appliances india
Story first published: Friday, February 15, 2013, 11:30 [IST]
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