Tuesday, March 25, 2008

Siemens Medical - Outcome of Board Meeting

Siemens Medical Solutions Diagnostics Ltd has informed that the Board of Directors of the Company at its meeting held on March 24, 2008, as a sequel to the Global Acquisition of Dade Behring by Siemens, integration of Indian business is also being evaluated.

The Board approved in-principle and requested the management to come back with specific proposal for Board approval, which shall be subject to all necessary regulatory approvals.

Further the Company has informed that, Mr. Ashvin Bhatt has resigned from the office of Directorship w.e.f. closing of March 24, 2008

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