Hyderabad Flextech - Outcome of Board Meeting
Hyderabad Flextech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2008, has approved the following:
1. Merger of M/s. Hyderabad Flextech Ltd the Transferor Company with Keerthi Industries Ltd the Transferee Company.
2. Swap Ratio agreed : Every 25 shares of M/s. Hyderabad Flextech Ltd on share of Keerthi Industries Ltd.
