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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 January 31, 2011, inter alia, to consider, the following subjects:
1. To consider and approve the unaudited Financial Results of the Company for the Quarter ended December 31, 2010.
2. Adoption of the Valuation Report in relation with the merger.
3. Determination of the swap ratio for the purposes of merger.
4. Consideration of the Fairness Opinion by the Merchant Banker.
5. Approval of the Merger Scheme of Lohia Metals Pvt. Ltd., with the Company.
6. Authorisation to file the necessary Applications and/or Petition with the Stock Exchanges or the High Court or other statutory authorities for approval of the merger scheme. |
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