Punjab Tractors Ltd has informed that pursuant to an order made on September 18, 2008, the Honble High Court of Punjab & Haryana at Chandigarh has directed that, a meeting of Equity Share Holders of the Company will be held on November 15, 2008, for the purpose of considering, and if thought fit, approving, with or without modification(s), the Scheme of Amalgamation between Punjab Tractors Ltd (Transferor Company / PTL) and Mahindra and Mahindra Ltd (Transferee Company / M&M) and their respective shareholders and creditors.
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