Parenteral Drugs India Ltd has informed that pursuant to application filed by the Company with the Honble High Court of Mumbai for obtaining directions to convene meeting of the equity shareholders of the Company in order to obtain their approval for the scheme of amalgamation of M/s. PFL Holdings Pvt. Ltd and M/s. Goa Holdings (India) Pvt. Ltd with the Company.
The Bombay High court vide its order dated April 23, 2009 has ordered that a meeting of the Equity Shareholders of the Company for the purpose of the arrangement embodied in the Scheme of Amalgamation of PFL Holdings Pvt. Ltd and Goa Holdings (India) Pvt. Ltd, the Transferor Companies, with Parenteral Drugs (India) Ltd, the Transferee Company, be held on June 15, 2009.
The Bombay High court vide its order dated April 23, 2009 has ordered that a meeting of the Equity Shareholders of the Company for the purpose of the arrangement embodied in the Scheme of Amalgamation of PFL Holdings Pvt. Ltd and Goa Holdings (India) Pvt. Ltd, the Transferor Companies, with Parenteral Drugs (India) Ltd, the Transferee Company, be held on June 15, 2009.
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