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BF Utilities Ltd has informed BSE that the meeting of the Equity Shareholders of the Company convened and held November 21, 2009, pursuant to the order dated October 09, 2009 made by the Honble High Court of Judicature at Bombay, has approved without any modification, the Composite Scheme of Arrangement between the Company, the Amalgamating Companies and the Resulting Company.

The said meeting also approved reduction of Capital Reserve Account and Amalgamation Adjustment Account of the Company as a part of the Scheme.

The votes in favour of the resolutions approving the Scheme and the reduction of Capital Reserve and Amalgamation Adjustment Account were 100% of the total votes cast in the meeting.
10.13 AM Nov 23rd 2009  | Track

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