Brief: Lakshmi Energy and Foods approves hiving-off of power division into separate unit
01/03/2016 13:26
March 1 (Reuters) - Lakshmi Energy And Foods Ltd LAKO.NS : * Says approved hiving-off of power division of the company into a separate subsidiary company * Says apporved hiving-off of logistics and warehousing division of the company into a separate subsidiary company * Source text: Lakshmi Overseas Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 01, 2016, has considered and approved, in-principle, inter alia, the following: 1. Hiving-off of Power division of the Company into a separate subsidiary Company. 2. Hiving-off of Logistics and Warehousing division of the Company into a separate subsidiary Company. * Further company coverage LAKO.NS ((Bengaluru Newsroom; +91 80 6749 1130))
Recent news on Lakshmi Energy And Foods
See all newsBrief: Lakshmi Energy & Foods says debt to be bifurcated into two parts under S4A scheme of RBI
Brief: Lakshmi Energy & Foods posts Dec-qtr profit
Brief: Lakshmi Energy and Foods posts Sept qtr profit
Brief: Lakshmi Energy & Foods seeks members' nod for slump sale of power division
Brief: Lakshmi Energy and Foods approve issue of up to 7.1 mln convertible warrants