Konark Synthetic equity shareholders to approve Scheme of Amalgamation
Konark Synthetic Ltd has informed BSE that pursuant to the order made by the Hon’ble High Court of Judicature at Bombay, a meeting of the equity shareholders of the Company will be held on December 07, 2007, for the purpose of considering, and if though fit, approving, with or without modification, the compromise or arrangement embodied in the proposed Scheme of Amalgamation between Excel Synthetic Pvt Ltd and Konark Silk Mills Pvt Ltd with the Company and their respective shareholders
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