Shree Rama Multi equity shareholders, preference shareholders & lenders to approve Scheme of Compromise & Arrangement

• Security Code: 532310
• Company: SHREERAMA

Shree Rama Multi Tech Ltd has informed BSE that pursuant to the Order made by the Hon'ble High Court of Gujarat at Ahmedabad, a meeting of the equity shareholders of the Company will be held on October 26, 2007, for the purpose of considering and if thought fit, approving with or without modification(s), the Composite Scheme of Arrangement in the nature of Compromises and Arrangement of the Company with its Lenders and shareholders.

Further, in pursuance to the aforesaid order of the Hon'ble High Court of Gujarat at Ahmedabad, the separate meetings of the Preference Shareholder, Class 'A', Class 'B' & Class 'C' Lenders will be held on October 27, 2007.