Fiem Industries Board Sanctions Scheme Of Amalgamation

Fiem Industries Ltd has informed that the Board of Directors of the Company at its meeting held on January 02, 2007, inter alia, has considered and approved the Scheme of Amalgamation of FIEM Sung San (India) Ltd into the Company, subject to necessary approvals under applicable laws, including approvals of the Honble High Court of Delhi under section 391 to 394 of the Companies Act, 1956.