India Radiators Ltd is in the business of Renting of propertiesOperational Status: Company was declared Sick by BIFR and its net worth was negative many years back but an investor infused funds in the company for settlement with workers, Statutory Authorities, Banks, and other Financial Institutions. Currently, they have reduced...
India Radiators Limited has announced that its amalgamation scheme with Mercantile Ventures Limited is now effective. This follows the filing of the NCLT-sanctioned order with the Registrar of Companies. As a result, India Radiators Limited is dissolved without winding up, and its Board of Directors and any committees are also...
India Radiators Limited's Board has noted a court order sanctioning its merger with Mercantile Ventures Limited. The Board set a Record Date to determine shareholders eligible to receive new shares. Shareholders will receive 10 equity shares of Mercantile Ventures, each with a face value of INR 10, for every 36...
India Radiators Limited announced that the National Company Law Tribunal has approved its Scheme of Amalgamation with Mercantile Ventures Limited. Under the scheme, shareholders of India Radiators will receive 10 equity shares of Mercantile Ventures (face value INR 10 each, fully paid) for every 36 equity shares of India Radiators...
India Radiators Limited has submitted a certificate from its Registrar and Share Transfer Agent, confirming the timely and accurate processing of dematerialised shares for the quarter ending June 30. This update indicates that securities received for dematerialisation were properly handled and listed, and the company's register of members was updated....
India Radiators Limited announced an update on its Scheme of Amalgamation with Mercantile Ventures Limited. The National Company Law Tribunal (NCLT) has now disposed of the petition related to this amalgamation. This indicates the legal process for the merger has reached a conclusion from the NCLT's perspective. The company is...
