Akanksha Finvest Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 28, 2009, has approved the scheme of merger of the Company (Akanksha Finvest Ltd) with the following Companies:- 1. A Design & Details (Interiors & Infrastructure) Pvt Ltd. 2. Mach Communications Pvt. Ltd. 3. Mo-Life Communication (India) Pvt. Ltd. 4. Mo-Life Retails Pvt. Ltd. 5. Pacific Inet Support Pvt. Ltd 6. Radical Softnet Pvt. Ltd 7. Telemart Communication (India) Pvt. Ltd. Now the Company will take necessary steps for the completion of this merger. Akanksha Finvest Ltd has informed BSE that on June 12, 2010, the shareholders of the transferee Company 'Akanksha Cellular Ltd' in their meeting convened by the Hon'ble High Court Delhi has approved the amalgamation of the A. Design & Details (Interiors & Infrastructure) Pvt. Ltd, Mach Communications Pvt. Ltd, Mo-Life Communication (India) Pvt. Ltd, Mo-Life Retails Pvt. Ltd, Pacific Inet Support Pvt. Ltd, Radical Softnet Pvt. Ltd, Telemart Communication (India) Pvt. Ltd with the Company 'Akanksha Cellular Ltd'. Further, on June 12, 2010, the meetings of the Secured Creditors of the A. DESIGN & DETAILS (INTERIORS & INFRASTRUCTURE) PVT. LTD And MACH COMMUNICATIONS PVT. LTD also held in which the aforesaid schme of the amalgamation is approved unanimusly. (As Per BSE Announcement Website dated on 14.06.2010) Akanksha Finvest Ltd has informed BSE that the Delhi High Court vide its order dated January 27, 2011 has approved the scheme of amalgamation of the company with A Design & Details (Interiors & Infrastructure) Private Limited, Mach Communications Private Limited, Mo - Life Communication (India) Pvt Limited, Mo-Life Retails Pvt Limited, Pacific Net Support Private Limited, Radical Softnet Private Limited, Telemart Communication (India) Pvt Limited. The copy of the order received by the company on February 12, 2011. (As Per BSE Announcement Website dated on 14.02.2011) Akanksha Finvest Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 22, 2011, inter alia, transacted the following : Intimation of Allotment of 63,743,841 Equity shares of Rs. 10/- each to the members of amalgamated companies. - Allotted 6,37,43,841 equity shares of Rs. 10/- each to the members of Telemart Communication (India) Private Limited, A. Design and Details (Interior & Infrastructure) Private Limited, Mach Communications Private Limited, Mo-Life Retails Private Limited, Pacific Inet Support Pvt Ltd, Mo-Life Communication India Private Limited and Radical Softnet Private Limited being the amalgamated companies pursuant to the scheme of amalgamation approved by the High Court Delhi on January 27, 2011. (As Per BSE Announcement Website dated on 22.03.2011)