Thursday, September 11, 2008

Essar Shipping Equity Shareholders To Approve Scheme Of - Sep 11, 2008

Essar Shipping Ltd has informed that pursuant to an Order made on the September 02, 2008, the Honble High Court of Gujarat at Ahmedabad has directed that a meeting of the Equity Shareholders of the Company will be held on October 04, 2008, for the purpose of considering and, if thought fit, approving, with or without modification(s), the arrangement embodied in the Scheme of Arrangement among India Shipping and Essar Sisco Ship Management Company Ltd and Essar Shipping Ltd and their respective shareholders

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