METROCHEM INDUSTRIES LTD. - Updates on Financial Results Second Quarter ended on September 30, 2011

Metrochem Industries Ltd has informed BSE as under :<br/><br/>"Metrochem Industries Ltd has been merged with Metroglobal Limited (Formerly known as Global Boards Limited) as per Scheme of Amalgamation Approved by Gujarat and Bombay High Court. So it has been amalgamated with Metroglobal Limited, and as a result of amalgamation Pursuant to Clause 41 of the Listing Agreement, the Unaudited financial results (provisional) along with the segment wise result for the second quarter and half year ended on September 30, 2011 has been taken on record by the Board of Directors of Metroglobal Limited November 12, 2011. The Scrip Code No is 500159."