Sanket International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 07, 2008, has approved the Scheme of Amalgamation of Royal Ceramics Industries Pvt Ltd with the Company, subject to approval of the same by the Stock Exchange, Shareholders, high court and other regulatory authorities as may be required and has recommended exchange ratio of 306 (Three Hundred and Six Only) Equity Shares of Rs 10/- (Rs Ten only) each of the Company, for every 1 (One) Equity Shares of the face value of Rs 100/- (Rs Hundred Only) each fully paid-up held by the shareholders of Royal Ceramics Industries Pvt Ltd.