Thursday, March 27, 2008

Futura Polyesters Equity Shareholders To Approve Scheme Of Arrangement

Futura Polyesters Ltd has informed that pursuant to an Order made on the March 14, 2008, the High Court of Judicature at Bombay has directed that a meeting of the equity shareholders of the Company will be held on April 15, 2008 for the purpose of considering, and, it thought fit, approving, with or without modification, the arrangement embodied in the Scheme of Arrangement between the Company and Innovassynth Investments Ltd and their respective shareholders.

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