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| Exchange Disseminated Time 30/12/2016 11:55:00 | | With reference to the earlier letter dated November 22, 2016, Bhagyanagar India Ltd has now informed BSE that the Hon'ble High Court of Hyderabad for the State of Telangana and for the State of Andhra Pradesh, vide their Order dated November 21, 2016, Certified Copy of which dated December 28, 2016 was received by the Company today i.e. December 30, 2016, has approved the Scheme of Arrangement between M/s Bhagyanagar India Limited (Demerged Company) and M/s Surana Telecom and Power Limited (1st Resulting Company) and M/s Bhagyanagar Properties Private Limited (2nd Resulting Company) and their respective Shareholders and Creditors. |
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