Friday, May 2, 2008

Hyderabad Flextech Informed BoD Of Company At Its Meeting

Hyderabad Flextech Ltd has informed that the Board of Directors of the Company at its meeting held on April 30, 2008, has approved the following:

1. Merger of M/s. Hyderabad Flextech Ltd the Transferor Company with Keerthi Industries Ltd the Transferee Company.

2. Swap Ratio agreed : Every 25 shares of M/s. Hyderabad Flextech Ltd on share of Keerthi Industries Ltd.

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