Jaiprakash Hydro receives approval for Scheme of Amalgamation
Wednesday, 14 Oct 2009
Jaiprakash Hydro Power Ltd has announced that the Shareholders and the Creditors of Jaiprakash Hydra-Power Ltd and Jaiprakash Power Ventures Ltd have in its their respective meetings convened on October 10th 2009 in terms of the Order dated August 24th 2009 passed by the Hon'ble High Court of Himachal Pradesh at Shimla, have unanimously approved the proposed Scheme of Amalgamation of JPVL with JHPL without any modification.
The Chairmen of the said meetings of Shareholders and the Creditors, as appointed by the Hon'ble High Court of Himachal Pradesh at Shimla, on October 12th 2009 have filed their respective reports directly with Hon'ble High Court of Himachal Pradesh at Shimla.
(Sourced from Equity Bulls)
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