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Record date is 07 May 2021Lux Industries has fixed 07 May 2021 as record date for the purpose of determining the eligible shareholders of J.M. Hosiery & Co (Transferor Company 1) and Ebell Fashions (Transferor Company 2), who shall be entitled to receive the shares of the Company, pursuant to the Scheme of Amalgamation. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible ....
Lux to clock Rs 1800cr revenue post-merger SECTIONS Last Updated: Apr 08, 2021, 10:25 AM IST Share Synopsis The profit after tax of the consolidated unit of Lux Industries would be Rs 177 crore from the present level of Rs 122 crore. The current revenue of the company is Rs 1,210 crore. Agencies The Lux scrip was hovering at Rs 1,800-1,810 level for the last few days after touching 1,899 in February 21 following the news of amalgamation. (This story originally appeared in on Apr 08, 2021)Kolkata: Lux Industries, one of India’s leading knitwear producers, would have a consolidated revenue of close to Rs 1,800 crore after the merger of group companies with itself. It was announced on Wednesday that the composite scheme of amalgamation of J M Hosiery & Co and Ebell Fashions Private with Lux Industries, has been sanctioned by the National Company Law Tribunal (NCLT). ....