Sindh High Court approves Landmark Spinning Industries merger

MG News | September 24, 2024 at 03:19 PM GMT+05:00

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September 24, 2024 (MLN): The High Court of Sindh has sanctioned the merger of Liven Pharmaceuticals (Pvt.) Limited (LPL) with Landmark Spinning Industries Limited (PSX: LMSM) by way of amalgamation of the entire business.

This approval, formalized through an order dated September 02, 2024, follows the scheme initiated on April 25, 2022, under Sections 279-283 and 285 of the Companies Act, 2017.

The merger consolidates LPL’s entire business and operations into Landmark Spinning.

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