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| Exchange Disseminated Time | Infomedia 18 Ltd has informed BSE that pursuant to the directions of the High Court of Judicature at Bombay a meeting of the Equity Shareholders of the Company was held on April 11, 2009 for considering and approving arrangement embodied in the Scheme of Arrangement between I-Ven Interactive Ltd, the Transferor Company and Infomedia 18 Ltd, the Applicant/Transferee Company and their respective shareholders.
At the said meeting a poll was conducted for considering and approving the resolutions mentioned in the notice convening the meeting. Further the Company has informed that, at the above-said meeting the said scheme has been approved with an overwhelming majority in number and value (about 99.99%) and accordingly both the resolutions stand approved. |
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