DMC International Ltd has informed BSE that Hon’ble Delhi High Court has kindly admitted the first motion joint application filed by the Company and M/s. Swen Realty & Media Ltd (The Company under process of Merger with DMC International Ltd) for direction from the court for convening and dispensing the meeting, which are statutorily required. Accordingly the Hon’ble High Court directed to convene the Shareholders meeting of both Transferee and Transferor Company on May 10, 2008 under the supervision of Chairman appointed by the High Court in this regard. The Hon’ble Court also allowed the Company’s prayer for dispensation of holding the creditors meetings of both Transferor and Transferee Company.