Teledata Informatics Updates on demerger process

Teledata Informatics Ltd has announced that a Petition under Sections 391 & 394 of the Companies Act, 1956 for sanctioning the Composite Scheme of Arrangement between the Company and Teledata Marine Solutions Ltd and Teledata Technology Solutions Ltd and Sirius Shipping Company Ltd was presented by the Petitioner Company on January 31, 2007 and admitted on the March 23, 2007 and the said petition is fixed for hearing before the Company Judge on April 12, 2007.

Source : Equity Bulls

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