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Exchange Disseminated Time | Gandhimathi Appliances Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on September 09, 2010, inter alia, to accord approval to the Merger between Gangadharam Appliances Ltd (GAL - 'Transferor Company') and the Company ('Transferee Company') being sanctioned by Hon'ble BIFR, as per draft Scheme of Merger ('Scheme') submitted by GAL to BIFR, subject to approval of the Hon'ble Board for Industrial and Financial Reconstruction (BIFR), with such modifications and conditions, as may be stipulated by the Hon'ble BIFR while sanctioning the Scheme, subject to necessary provisions and approvals. (For more details kindly refer Corporate Announcements on www.bseindia.com). |
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