United Phosphorus Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 25, 2011, inter alia, considered the following proposals and approved the same: 1. Merger of company's overseas subsidiary United Phosphorous Limited (Mauritius) into itself. 2. The Scheme is subject to and conditional upon the requisite approvals being / to be received thereof, including the approval of the shareholders , sanction of the Hon'ble High Court of Gujarat at Ahmedabad, pursuant to the provisions of sanction 391 to 394 of the Companies Act, 1956 and other applicable provisions, and, stock exchanges, filing of certified / authenticated copy of the order of Hon'ble Gujarat High Court with Registrar of Companies at Ahmadabad and at Mauritius, and all statutory and regulatory authorities, as applicable, for implementation of the Scheme. 3. Authorised officials of the company to do all such acts, deeds and things as may be required or necessary to obtain requisite approvals for the effectiveness and implementation of the scheme. United Phosphorus Ltd has informed BSE that the Hon'ble High Court of Gujarat, vide its order dated December 20, 2011 and January 13, 2012, has sanctioned Scheme of Amalgamation of Company's overseas subsidiary United Phosphorus Limited (Mauritius) with the Company w.e.f. July 01, 2011. (As Per BSE Announcement Website dated on 18.01.2012)