ANG Auto Ltd has informed that the Board of Directors of the Company at its meeting held on March 09, 2008, has considered the following matters:
1. Allotment of 13,87,500 Equity Shares of the Company to the shareholders of M/s. ANG Auto Tech (P) Ltd of M/s. ANG Auto Tech P Ltd., with ANG Auto Ltd as per scheme of amalgamation approved by Honble High Court of Delhi.
2. The Board desired certain clarifications on the Buy-Back of shares. It was decided to discuss the same in the next Board Meeting.
1. Allotment of 13,87,500 Equity Shares of the Company to the shareholders of M/s. ANG Auto Tech (P) Ltd of M/s. ANG Auto Tech P Ltd., with ANG Auto Ltd as per scheme of amalgamation approved by Honble High Court of Delhi.
2. The Board desired certain clarifications on the Buy-Back of shares. It was decided to discuss the same in the next Board Meeting.
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