Amrit Banaspati equity shareholders & unsecured creditors to approve Scheme of Arrangement

Amrit Banaspati Company Ltd has announced that pursuant to the Order of Hon'ble High Court of Judicature at Allahabad, separate meetings of the equity shareholders & unsecured creditors of the Company will be held on December 27, 2006, for the purpose of considering, and, if thought fit, approving with or without modification, the compromise or arrangement proposed to be made between the Company and ABC Paper Ltd & Amrit Enterprises Ltd.

Source : Equity Bulls

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