Bang Overseas Ltd: EGM on Apr 01, 2011

Bang Overseas Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on April 01, 2011, for reduction of Securities Premium Account in terms of the Scheme, without requiring the Company to add words 'And Reduced' as suffix to its name, subject to the sanction of the Scheme of Arrangement between Bang Overseas Limited and Thomas Scott (India) Limited and their respective shareholders ("Scheme") by the Hon'ble High Court of Judicature at Bombay under Sections 391 to 394 read with Sections 78 and 100 to 103 and other applicable provisions of the Companies Act, 1956 and subject to the Scheme becoming effective and further subject to such conditions as may be prescribed while granting such approvals, consents, permissions, sanctions, which the Board of Directors of the Company may agree and accept.Read More