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| Exchange Disseminated Time | Shree Rama Multi-Tech Ltd has informed BSE that the Hon'ble High Court of Gujarat has granted interim relief and directed the Company not to issue further equity shares upon conversion of Warrants to the parties narrated in the Company application No. 424 of 2005 viz. Mr. Vlkram R Patel, Mr. Sharad C Patel, Pan Emami Cosmed Ltd. and Vimpsan Investment Pvt. Ltd.
The said order has been communicated vide the letter dated December 31, 2005, received by the Company from Mr. Tushar P Hemani, the Avocate of the Company. The above mentioned application was filed in the Company Petition No. 111 of 2005 (the petition filed by the Company for sanction of the Scheme of Compromise and Arrangement u/s 391 of the Companies Act, 1956). |
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