Friday, May 8, 2009

Electrotherm India Equity Share Holders To Approve Arrangement - May 08, 2009

Electrotherm India Ltd has informed that the Company has filed a Company Application with the Honble High Court of Gujarat on May 02, 2009.

Subsequently, the Honble High court of Gujarat, by an order made on May 05, 2009 has directed that a meeting of the Equity Shareholders of the Company will be held on June 16, 2009, for the purpose of considering, and, if though fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement between Electrotherm India Ltd and its equity shareholders.

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