Epic Research Update : Taneja Aerospace

Taneja Aerospace & Aviation’s board has approved the scheme of arrangement between Taneja Aerospace and Aviation (TAAL) and TAAL Enterprises (TEL, a wholly owned subsidiary of the Company), where the charter business and investments in First Airways Inc. and TAAL Tech India (subsidiaries of the Company) would be demerged into TEL. The appointed date of the scheme was October 01, 2014. The shareholding of TEL post demerger would be the same as TAAL.



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Posted in: Indian Market Tips