(07-May-2010 Hours IST)
Kpit Cummins Infosystems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 07, 2010, inter alia, approved the following major proposals : Approval of merger of KPIT Cummins Global Business Solutions Ltd. & KPIT Infosystems Central Europe Sp. Z.o.o (wholly owned subsidiaries} with KPIT Cummins Infosystems Ltd., subject to the necessary approvals. Kpit Cummins Infosystems Ltd has informed BSE that the Hon'ble Bombay High Court has approved the merger of KPIT Infosystems Central Europe Sp. Z.o.o, Poland and KPIT Cummins Global Business Solutions Ltd with the holding Company, KPIT Cummins Infosystems Ltd on January 28, 2011. The certified copy of the High Court Order is awaited. (As Per BSE Announcement Dated on 31.01.2011) Kpit Cummins Infosystems Ltd has informed BSE that the Company has filed Form No. 21 under the Companies Act, 1956, alongwith the certified copy of the order of the Hon'ble Bombay High Court, sanctioning the Scheme of Amalgamation of KPIT Infosystems Central Europe Sp. Z.o.o, Poland and KPIT Cummins Global Business Solutions Ltd (wholly owned subsidiaries), with the holding company, KPIT Cummins Infosystems Ltd, on March 01, 2011. Thus the Scheme of Amalgamation has become effective from March 01, 2011. (As Per BSE Announcement Dated on 01.03.2011)
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