Chembond Chemicals Ltd has informed that the Board of Directors of the Company at its meeting held on January 11, 2008, inter alia, has transacted the following business:
1. Considered and approved merger of the Shree Mahalasa Electronics Pvt Ltd and with the Company, subject to approval from High court, shareholders & other applicable approvals.
2. Appointed valuer for valuation and recommending the Share Exchange Ratio.
1. Considered and approved merger of the Shree Mahalasa Electronics Pvt Ltd and with the Company, subject to approval from High court, shareholders & other applicable approvals.
2. Appointed valuer for valuation and recommending the Share Exchange Ratio.
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