Zenith Birla India Limited has informed that the equity shareholders of the Company at its meeting held on May 29, 2009, have approved the Scheme of Arrangement between Zenith Birla (India) Limited, the Applicant Company and Birla Precision Technologies Limited and Tungabhadra Holdings Pvt. Limited and their Respective equity 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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