COMPANY NEWS


P I Industries Ltd
BSE Code 523642 ISIN Demat INE603J01030 Book Value (₹) 519.61 NSE Symbol PIIND Div & Yield % 0.28 Market Cap ( Cr.) 54,243.78 P/E * 33.37 EPS * 107.15 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
PI Industries update on restructuring of subsidiaries Back
(21 Jun 2023)
The Board of directors of Solis Pharmachem (‘Transferor Company 1'), Therachem Research Medilab (India) (‘Transferor Company 2') and PI Health Sciences (‘Transferee Company'), have approved a scheme of amalgamation of Transferor Company 1 and Transferor Company 2 with the Transferee Company.

Transferee Company is a wholly owned subsidiary of PI Industries (‘Company'). The Transferor Company 1 and Transferor Company 2 (collectively referred to as ‘Transferor Companies') are the direct wholly owned subsidiaries of the Transferee Company and the step-down subsidiaries of the Company.