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Monday, February 21, 2011

Krishna Deep Trade & Investments Ltd: Outcome of Board Meeting

Krishna Deep Trade & Investments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 21, 2011, inter alia, have passed the following resolutions:

1. Considered and approved the Swap ratio for the Amalgamation of Naxpar Lab Pvt. Ltd, Parnax Lab Pvt Ltd with Krishna Deep Trade and Investment Ltd.

2. Approved the scheme of Amalgamation under section 391 to 394 of the Companies Act 1956 between Naxpar Lab Pvt Ltd, Parnax Lab Pvt Ltd and Krishna Deep Trade and Investment Ltd.

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