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D-Link Board Approves Demerger Plan

By ChannelTimes Staff
Mumbai, Oct 07, 2008 1114 hrs IST
The Board of Directors of D-Link (India) has approved the proposal of restructuring the business of the company by a 'Scheme of Arrangement' at its Board meeting held recently.
Under this Scheme, D-Link India will take care of sales and marketing of active networking products, while the residual business of structured cabling systems, R R design and development, manufacturing, marketing and sales of branded Digi-Link Passive Structured Cabling Systems and provide nationwide service and support for networking products.
The demerger is subject to the customary approvals of shareholders, creditors and other approvals.

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