Brief: Priya Ltd approves withdrawal of scheme of amalgamation of VXL Instruments with co
08/09/2016 08:23
Sept 8 (Reuters) - Priya Ltd PRIY.BO : * Approved withdrawal of scheme of amalgamation of VXL Instruments with co , due to dilution in the intended synergies between the companies. * Source text: Priya Ltd has informed BSE that the Board of Directors of the Company in their meeting held on September 08, 2016 has decided and approved the withdrawal of Scheme of Amalgamation of VXL Instruments Limited with Priya Limited, which was approved in its board meeting held on March 29, 2016, due to dilution in the intended synergies between the companies. * Further company coverage PRIY.BO ((Bangalore.newsroom@thomsonreuters.com))