Aftek to consider amalgamation of C2Silicon and Elven Micro Circuits with the company

Aftek Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 08, 2006 to consider and if thought fit, to approve the Scheme of Amalgamation of C2Silicon Software Solutions Pvt Ltd (C2Silicon) and Elven Microsystems Pvt Ltd (EMPL) with the Company and their respective shareholders (the Scheme) u/s 391 to 394 of the Companies Act, 1956.

Note: Further the Company has informed that, the name "Elven Microsystems Pvt Ltd should be read as "Elven Micro Circuits Pvt Ltd".

Source : Equity Bulls

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