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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 March 18, 2011, inter alia, to reconsider the following subjects :
1. Adoption of the Valuation Report in relation with the merger
2. Determination of the swap ratio for the purposes of merger
3. Consideration of the Fairness Opinion by the Merchant Banker
4. Approval of the Merger Scheme of Lohia Metals Pvt Ltd., with our company
5. 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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