In today’s briefing:
- Campus Activewear Amalgamation: Is It for Book Cleansing?
Campus Activewear Amalgamation: Is It for Book Cleansing?
- Campus Activewear (CAMPUS IN) has received the court’s approval for amalgamation of Campus AI Pvt Ltd into the standalone entity.
- Amidst the plethora of positive rationale for the amalgamation, the one that stands out from the rest is the cleaning up of the books of campus activewear.
- With the amalgamation scheme, the company also gets rid of the negative capital reserve balance. Is this the only adjustment, or are there more things to clean?
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