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JAIPRAKASH ASSOCIATES LTD. - Scheme of Amalgamation of Jaypee Sports International Ltd. (Wholly-owned Subsidiary of Jaiprakash Associates Ltd.) with the Company
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15 Sep 2015
Jaiprakash Associates Ltd has informed BSE that the Hon&apos;ble High Court of Judicature at Allahabad has sanctioned the Scheme of Amalgamation of Jaypee Sports International Limited (JPSI) (Wholly-owned Subsidiary of Jaiprakash Associates Limited) with the Company in terms of it&apos;s Order dated September 14, 2015.&lt;BR&gt;&lt;BR&gt;As intimated earlier, approval of public shareholders by way of Postal Ballot/E-voting process is underway in terms of SEBI&apos;s Circular dated February 04, 2013 read with Circular dated May 21, 2013 and the result thereof shall be declared on September 28, 2015.&lt;BR&gt;&lt;BR&gt;The Company shall convene the Annual General Meeting in due course to place the Annual Accounts after giving effect to the said Scheme for which the Company has obtained the extension of time from the Registrar of Companies for holding the AGM upto December 15, 2015.&lt;BR&gt;&lt;BR&gt;The dates of Board Meeting, inter alia, to consider the Consolidated Annual Accounts for the financial year 2014-15 and of the next Annual General Meeting shall be intimated in due course.
View all announcements for JAIPRAKASH ASSOCIATES LTD. Source: BSE India