Jai Balaji Equity Shareholders to approve Scheme of Arrangement
Jai Balaji Industries Ltd has informed BSE that by an order dated the January 30, 2008 and February 05, 2008, the Hon’ble High Court at Calcutta has directed a Meeting of the Equity Shareholders of the Company scheduled to be held on March 12, 2008 to consider and to approve the proposed Scheme of Arrangement, for transfer of the steel unit located in
Chattisgarh of HEG Ltd to Jai Balaji Industries Ltd.
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