Saturday, December 13, 2008

Mirc Electronics Equity Shareholders & Creditors to approve Scheme of Amalgamation

Mirc Electronics Ltd has informed that pursuant to an order made on December 05, 2008 the Honble Bombay High Court has directed that a separate meeting of the Equity Shareholders, Secured Creditors & Unsecured Creditors of the Company will be held on January 05, 2009, for the purpose of considering and if thought fit, approving, with or without modification(s) the arrangement embodied in the SCHEME OF AMALGAMATION proposed to be made between Guviso Holdings Pvt. Ltd, (Transferor Company) and Mirc Electronics Ltd (Applicant Company), which also as a part thereof includes reduction of the paid up share capital of the applicant Company in the scheme.

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