(31-Jan-2005 Hours IST)
Approved the draft scheme of amalgamation with Sab Industries Ltd. With reference to the earlier announcement regarding approval of Board of Directors of the Company for Scheme of Amalgamation of the Company with SAB Industries Ltd, Steel Strips & Tubes Ltd has informed BSE that the Board has dropped the above mentioned Scheme of Amalgamation and approved a fresh amalgamation Scheme of the Company with SAB Industries Ltd. As per fresh scheme of amalgamation, the transfer date is April 01, 2005. (As per BSE Bulletin dated on 05/08/2005) Steel Strips & Tubes Ltd has informed BSE that the Board of Director of the Company at its meeting held on July 30, 2007, has dropped the scheme of amalgamation of the Company with SAB Industries Ltd and approved a fresh scheme of amalgamation of Company with SAB Industries Ltd. As per proposed scheme of amalgamation, the transfer date is April 01, 2007. (As Per BSE Announcement Website Dated on 03/08/2007) Keeping in view the emerging scenario in the real estate and infrastructures, the Company has decided to continue the real estate and infrastructures business / operations independently and not to merge with SAB Industries Ltd. The Board of Directors of the Company in their meeting held on October 04, 2007 have dropped the scheme of amalgamation of the Company with SAB Industries Ltd. (As Per BSE Bulletin Dated on 04/10/2007) Steel Strips Infrastructures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2009, inter alia, has approved the Scheme of Amalgamation of Steel Strips Infrastructures Ltd with SAB Industries Ltd, subject to approval under listing agreement and other regulatory authorities. (As Per BSE Announcement Dated on 01/08/2009) Board of Directors in their meeting held today i.e. 30th day of May, 2018 at Chandigarh approved the Audited Financial Results along with Auditor's Report for the quarter and year ended 31st March, 2018. (As per BSE Announcement date on 30/05/2018)
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