FAG Bearings India Ltd has informed BSE regarding Outcome of Board Meeting held on February 11, 2015, inter alia, have considered and approved the proposal for amalgamation of FAG Roller Bearings Private Limited ('FRB' or 'Transferor Company'), a wholly owned subsidiary, with FAG Bearings India Limited ('the Company' or 'FAG India' or 'Transferee Company') and their Shareholders and Creditors under the provisions of Sections 391 to 394 and other applicable provisions of the Companies Act, 1956 (including any statutory modification or re-enactment or amendment thereof) as per terms and conditions mentioned in the Scheme of Amalgamation placed before the Board. The salient features of the proposed Scheme are as under: 1. FRB would be amalgamated with the Company. 2. The Appointed Date of the Scheme is January 01, 2015. 3. No shares of the Company will be issued on amalgamation of FRB as it is a wholly owned subsidiary of the Company. 4. The Scheme will be subject to the approval from Hon'ble High Court of Bombay and shareholders and creditors of Transferor Company and Transferee Company, if applicable. FAG Bearings India Ltd has informed BSE that the High Court of Bombay has vide its order dated October 09, 2015, approved the Scheme of Amalgamation of FAG Roller Bearings Private Limited with FAG Bearings India Limited and their respective Shareholders and Creditors. (As per BSE Announcement dated on 09.10.2015) With reference to the earlier announcement dated October 09, 2015 in relation to approval of the Scheme of Amalgamation of FAG Roller Bearings Private Limited with FAG Bearings India Limited and their respective Shareholders and Creditors. FAG Bearings India Ltd has now informed BSE that the certified copies of the Order of High Court of Judicature at Bombay sanctioning the Scheme of Amalgamation of FAG Roller Bearings Private Limited with FAG Bearings India Limited and their respective Shareholders and Creditors, have been filed with Registrar of Companies, Mumbai, Maharashtra on November 10, 2015 and accordingly, the Scheme has become effective from November 10, 2015. (As Per BSE Announcement Dated on 10.11.2015)