Essar Oil - Updates on Scheme of Amalgamation

Essar Oil Ltd has informed BSE that the Chairman appointed by the Hon'ble High Court of Gujarat at Ahmedabad for the purpose of conducting meeting of equity shareholders of the Company to consider merger of Essar Oil Vadinar Ltd. with the Company has filed his report at the High Court.

As per the report the scheme for merger was approved by the equity shareholders at their meeting held on October 21, 2009.