Tuesday, March 31, 2009

Equity Shareholders & Creditors Of Jaypee Hotels Approves Scheme Of Amalgamation – March 31 , 2009

Jaypee Hotels Ltd has informed that the Shareholders and Creditors of the Company have, in their respective meeting convened on March 27th, 28th & 29th, 2009, in terms of the Order dated February 09, 2009 passed by the Honble High Court of Judicature at Allahabad, have approved the scheme of Amalgamation of Jaypee Hotels Ltd, Jaypee Cement Ltd, Jaiprakash Enterprises Ltd and Gujarat Amman Cement Ltd with Jaiprakash Associates Ltd.

The Chairman of the meetings, as appointed by the Honble High Court shall be filling their respective reports directly with the Honble High Court.

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