Dhunseri Tea & Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 31, 2008 has approved a Scheme of Amalgamation of UNI Stock Pvt Ltd with Dhunseri Tea & Industries Ltd with effect from January 01, 2008. In terms of such amalgamation and in consideration thereof, Dhunseri Tea & Industries Ltd will issue and allot to the shareholders of UNI Stock Pvt Ltd. One (1) Equity Share of Rs 10/- each in Dhunseri Tea & Industries Ltd for every Ten (10) Ordinary Shares of Rs 10/- each held by the said shareholders in UNI Stock Pvt Ltd.
The Schemes are subject to and conditional upon the requisite approvals being received therefore, including approval of shareholders and sanction of the Honble High Court at Calcutta under Sections 391 and 394 of the Companies Act, 1956.
The Schemes are subject to and conditional upon the requisite approvals being received therefore, including approval of shareholders and sanction of the Honble High Court at Calcutta under Sections 391 and 394 of the Companies Act, 1956.
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