Brief: Godawari Power And Ispat Says Jagdamba Power And Alloys' Shareholders Vote Against Amalgamation With Co
22/01/2019 11:25
Jan 22 (Reuters) - Godawari Power and Ispat Ltd GDPI.NS :
* JAGDAMBA POWER AND ALLOYS' (JPAL) SHAREHOLDERS DECIDED NOT
TO
VOTE IN FAVOUR OF RESOLUTION FOR AMALGAMATION OF JPAL WITH CO
* MARKET PRICE OF CO'S SHARES FALLEN TO LESS THAN HALF,
MAKING IT
UNVIABLE FOR JAGDAMBA SHAREHOLDERS TO BUY
Source text: http://bit.ly/2S3pnnM
Further company coverage: GDPI.NS
((Reuters.Briefs@thomsonreuters.com;))
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