|
| Exchange Disseminated Time | Ion Exchange India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 07, 2012, to consider and approve the following:
1. The Scheme of amalgamation of ION EXCHANGE SERVICES LIMITED (IESL) with the Company in terms earlier resolution passed by the Board of Directors at their meeting held on August 06, 2012 subject to requisite approvals / consents / sanctions and permissions of the appropriate authorities, if necessary and subject to the approval of the Stock Exchange and Hon’ble High Court of Judicature at Bombay and Equity Shareholders as well as the creditors of the Company, as may be directed by the Hon’ble High Court,
2. Appointment of Legal Advisors, Consultants, Financial Advisors, and such other intermediaries as may be required to carry the amalgamation of IESL with the Company. |
|
|