Monday, July 27, 2009

Titagarh Wagons Equity Shareholders To Approve Scheme - July 27, 2009

Titagarh Wagons has announced that pursuant to an order made on 07 July 2009, the Hon'ble High Court at Calcutta has directed that separate meetings of the equity Shareholders of Titagarh Steels, being the applicant company no.1 above named (TSL) and Titagarh Wagons being the applicant company no.3 above named (the transferee company) will be held on 12 August 2009 for the purpose of considering and if thought fit, approving, with or without modification, the proposed scheme of amalgamation of TSL and Titagarh Biotec, being the applicant company no.2 above named (TBPL) with the transferee company.

The company made this announcement after the trading hours today, 27 July 2009.

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