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Friday, June 03, 2011

Indiabulls Power Ltd: Equity Shareholders; Secured & Un-secured Creditors to approve Scheme of Arrangement

Indiabulls Power Ltd has informed BSE that by an order made on the May 02, 2011, the Hon'ble High Court of Delhi at New Delhi, has directed that :

1. A meeting of Equity Shareholders of the Company will be held on June 30, 2011 at 2:00 p.m.; and

2. A meeting of Secured Creditors of the Company will be held on July 01, 2011 at 2:00 p.m.; and

3. A meeting of Un-Secured Creditors of the Company will be held on July 01, 2011 at 4:00 p.m.

at the Centaur Hotel, Indira Gandhi International Airport, Delhi-Gurgaon Road, New Delhi - 110037, for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement among lndiabulls Real Estate Ltd, Indiabulls Infrastructure and Power Ltd, Indiabulls Builders Ltd, Indiabulls Power Ltd. and Poena Power Supply Ltd and their respective shareholders and creditors (the Scheme').Read More

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