The board to consider business restructuring in a meet on 13 March.
Oudh Sugar Mills has touched a high of Rs. 17 so far in trades ahead of the board meet on 13 March, 2015.
According to a release issued by the company to the BSE, the board of Oudh Sugar Mills will meet on 13 March, 2015, to consider and approve the Composite Scheme of Arrangement for the proposed restructuring of its business of manufacture and sale of sugar and its by-products and the business of Food Processing and investments.
The stock is now up nearly 2 per cent at Rs. 16.75, and around 31,000 shares have been traded so far on the counter at the BSE.
Meanwhile, the Sensex is up two points to 28,712.
According to a release issued by the company to the BSE, the board of Oudh Sugar Mills will meet on 13 March, 2015, to consider and approve the Composite Scheme of Arrangement for the proposed restructuring of its business of manufacture and sale of sugar and its by-products and the business of Food Processing and investments.
The stock is now up nearly 2 per cent at Rs. 16.75, and around 31,000 shares have been traded so far on the counter at the BSE.
Meanwhile, the Sensex is up two points to 28,712.
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