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| Exchange Disseminated Time | Pondy Oxides & Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 25, 2013, inter alia, to consider the following :
1. To consider and approve the unaudited Financial Results of the Company for the Quarter ended September 2013.
2. To consider and take note of the Valuation Report received from the Independent Chartered Accountant for the proposed demerger of four undertakings of the Company to the subsidiary Company M/s. POCL Enterprises Limited.
3. To consider and adopt the Share Entitlement Ratio recommended by the Independent Chartered Accountant.
4. To consider and take on record the Fairness Opinion submitted by the Merchant Banker.
5. To consider and approve the Scheme of Arrangement for De-Merger of the four undertakings of the Company to the subsidiary Company M/s POCL Enterprises Limited. |
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