Nitco Ltd: Equity Shareholders to approve Scheme of Amalgamation

Nitco Ltd has informed BSE that by an Order made on February 25, 2011, in the Company Summons for Direction, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Members of Nitco Limited, the Applicant Company, will be held on April 01, 2011, for the purpose of considering and, if thought fit, approving with or without modification(s), the proposed arrangement embodied in the Scheme of Amalgamation of Particle Boards India Limited with Nitco Limited and their respective Shareholders and Creditors.Read More