On Friday, the Sensex fell by 141 points to close at 59,463.93, while the Nifty 50 dropped by 274 points to close at 17,511.25

The scheme of arrangement provides for demerger of trading textiles division of the demerged company and vesting the same into the second resulting company

On Monday, the equity markets experienced panic and broader indices were down more than 3 per cent. The sell-off can be mainly attributed to Russia-Ukraine tensions. Almost all major indices across the globe were in red.