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BRIEF-Jagran Prakashan to challenge high court order staying scheme of arrangement involving co
August 4, 2017 / 1:02 PM / 4 months ago

BRIEF-Jagran Prakashan to challenge high court order staying scheme of arrangement involving co

Aug 4 (Reuters) - Jagran Prakashan Ltd:

* Co to move supreme court challenging Allahabad high court division bench order staying scheme of arrangement involving co

* Scheme of arrangement involving co was approved on Sept 22, 2016 by single bench of Allahabad high court

* Scheme of arrangement involves merger of Crystal Sound & Music Pvt Ltd and Spectrum Broadcast Holdings with co

* Scheme of arrangement also involves demerger of operations of radio business undertakings of Shri Puran Multimedia to Music Broadcast Ltd Source text: (bit.ly/2v3msPL) Further company coverage:

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