Bang Overseas Ltd: Equity Shareholders to approve Scheme of Arrangement

Bang Overseas Ltd has informed BSE that, by an Order made on February 25, 2011, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company will be held on April 01, 2011, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement between Bang Overseas Limited ("the Demerged Company") and Thomas Scott (India) Limited ("the Resulting Company") and their respective shareholders ("the Scheme").Read More