Esab India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2009, inter alia, has accorded its in principle approval for merging with the Company ESAB Engineering Services Ltd, Chennai in which Exelvia Holdings BV holds 75.1% and Esab India Ltd holds 24.9% of equity shares.
Esab India Limited has informed the Exchange that the Hon'ble High Court of Madras have vide their order dated December 9, 2010 approved the Merger of ESAB Engineering Services Ltd.a 100% subsidiary of ESAB India Limited with effect from April 1,
2010.
(As Per NSE Bulletin Dated on 14/01/2011) | Powered by Capital Market - Live News |
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