{"id":4735,"date":"2024-05-06T11:46:22","date_gmt":"2024-05-06T06:46:22","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=4735"},"modified":"2024-05-06T11:46:24","modified_gmt":"2024-05-06T06:46:24","slug":"engro-board-gives-the-go-ahead-for-restructuring-with-dh-corp","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/engro-board-gives-the-go-ahead-for-restructuring-with-dh-corp\/","title":{"rendered":"ENGRO board gives the go-ahead for restructuring with DH Corp"},"content":{"rendered":"\n<p>In a notification sent to PSX on 06\/05\/2024, Engro Corporation (ENGRO) has announced the restructuring of Engro Corp and DH Corporation Limited.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The Board of Engro Corporation Limited (Engro Corp) in its meeting held on May 03, 2024, has given an in-principle approval of the proposed restructuring of Engro Corp and DH Corporation Limited (DH Corp) by way of a Scheme of Arrangement. Both companies will now finalize the terms of the proposed restructuring and jointly appoint advisors for a Scheme of Arrangement to be presented to the respective Boards for approval and execution.<\/p>\n\n\n\n<p>This elaboration highlights the importance and implications of the approved restructuring plan between Engro Corp and DH Corp, emphasizing the collaborative effort and future steps involved<\/p>\n<\/blockquote>\n\n\n\n<p id=\"block-94badaf6-9562-4afb-817c-529adf78781d\">The shares of <strong>ENGRO<\/strong> were last trading at <strong>Rs 365.27<\/strong> today<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Engro Corp&#8217;s board supports dynamic restructuring plans with DH Corp, fueling momentum towards enhanced performance<\/p>\n","protected":false},"author":11,"featured_media":4736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[152],"tags":[240,239,49],"class_list":["post-4735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-material-information","tag-dawh","tag-dh-corp","tag-engro"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ENGRO-Material-Information-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ENGRO-Material-Information-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ENGRO-Material-Information-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/ENGRO-Material-Information.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=4735"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/4736"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=4735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=4735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=4735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}