Clarus Finance & Securities Ltd: Equity Shareholders approves Scheme of Amalgamation / Merger

Clarus Finance & Securities Ltd has informed BSE that pursuant to the order dated April 08, 2011 read with order dated Apri1 21, 2011 of the Hon'ble High Court of Bombay; an Extra Ordinary General Meeting of the members of the Company was held on May 16, 2011. At the said meeting the members, including proxy holders, authorized representatives present thereat, have unanimously approved the scheme of amalgamation / merger of M/s Scan Steels Ltd with M/s Clarus Infrastructure Realties Ltd.