(29-Sep-2008 Hours IST)
Nettlinx Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2008, has considered and approved Amalgamation Scheme of M/s. Myguru Online Ltd with the Company. Nettlinx Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 15, 2008, inter alia, have reconsidered their decision regarding amalgamation scheme of M/s. My Guru Online Ltd with M/s. Nettlinx Ltd. The directors RESOLVED, on technical grounds, to drop and not to pursue the Scheme of Amalgamation of M/s. My Guru Online Ltd, with M/s Nettlinx Ltd. The Directors have authorized Mr. N Vijaya Bhasker Reddy, Executive Director to explore the possibilities of investing into M/s. My Guru Online Ltd. (As Per BSE Announcement Website dated on 15.12.2008)
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