VIP Industries Updates on Scheme of Amalgamation & Arrangement

VIP Industries Ltd has announced that the Company has filed the Order of the Hon'ble High Court of Judicature of Bombay at Mumbai, with the Office of the Registrar of Companies, Maharashtra, on February 01, 2007. As per the terms of the Scheme of Amalgamation and Arrangement between the Company and Blow Plast Ltd, the Effective Date is therefore February 01, 2007.

Further the Company has informed that Blow Plast Ltd has also filed the Order of the Hon'ble High Court of Judicature of Bombay at Mumbai with the Office of the Registrar of Companies, Maharashtra, on February 01, 2007. Accordingly, Blow Plast Ltd stands dissolved without having been wound up with effect from February 01, 2007, in terms of the aforesaid Order of the Hon'ble High Court.

Source : Equity Bulls

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