Birla Precision Technologies Limited has informed that the equity shareholders of Birla Precision Technologies Limited at its meeting held on May 28, 2009, have approved the Scheme of Arrangement between Zenith Birla (India) Limited and Birla Precision Technologies Limited, the Applicant Company and Tungabhadra Holdings Pvt. Limited and their Respective Shareholders.
The said scheme is subject to the approval of Honble High Court of Bombay and completion of other necessary formalities.
The said scheme is subject to the approval of Honble High Court of Bombay and completion of other necessary formalities.
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