| has approved, in principle the proposal of amalgamation of the Shreno Ltd with the Company and appointment of Valuers for determination the Share Exchange Ratio.
Has approved the Scheme of Amalgamation of Shreno Ltd with the Company.
The following Share Exchange Ratio has been determined: The Company will issue One Equity Share of Rs 100/- each for every Six Equity Shares of Rs 10/- each held by the shareholders in Shreno Ltd.
(As per BSE Bulletin dated on 19/01/2006)
The Company has informed that pursuant to the order of the Hon'ble High Court of Gujarat at Ahmedabad a meeting of the equity shareholders of the Company will be held on April 17, 2006, for the purpose of considering and if thought fit,
approving with or without modification the arrangement embodied in the Scheme of Amalgamation of Shreno Ltd with the Company
(As per BSE Bulletin dated on 22/03/2006)
The company has informed that equity shareholders at the Court Convened meeting of Company have approved the Scheme of Amalgamation of Shreno Ltd with the Company with requisite majority. The Company will file a petition with the Hon'ble High Court of Gujarat to approve the amalgamation of Shreno Ltd with the Company in due course of time.
(As per BSE Bulletin dated on 18/04/2006)
Alembic Glass Industries Ltd has informed BSE that the Hon'ble High Court of Gujarat has granted its approval to the Scheme of Amalgamation of Shreno Ltd with the Company vide order date July 21, 2006. Further the Company has informed that with the Scheme being approved by the Hon'ble High Court, the name of the Company stands changed from 'Alembic Glass Industries Ltd' to 'Shreno Ltd'. The formal procedure 'for change of name' with the Registrar of Companies, Gujarat is being carried out. The Company will issue 1 Equity Share of Rs 100/- each for every 6 Equity Shares of Rs 10/- each held by the shareholders of Shreno Ltd as on the record date, to be fixed for the purpose.
(As per BSE Bullein dated on 03/08/2006)
Alembic Glass Industries Ltd has informed BSE that the Order of the Hon'ble High Court of Gujarat approving the Scheme of Amalgamation of Shreno Ltd with the Company has been filed with the Registrar of Companies, Gujarat on August 31, 2006.
(As per BSE Annocement Website)
Alembic Glass Industries Ltd has informed BSE that a meeting of the Allotment Committee of the Company will be held on October 03, 2006 to consider and allot shares to the shareholders of erstwhile Shreno Ltd., in accordance with the Share Exchange Ratio as determined under the Scheme of Amalgamation of erstwhile Shreno Ltd with the Company.
The shareholders of erstwhile Shreno Ltd will be issued one equity share of Rs 100/- each for every six equity shares of Rs 10/- each held in erstwhile Shreno Ltd as on October 03, 2006.
(As per BSE Announcement website dated on 29/09/2006) | | Powered by Capital Market - Live News |
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