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Hitech Plast informs about outcome of Board Meeting

06 Aug 2014 Evaluate

Hitech Plast has informed that apropos to the recommendation by the Audit Committee in its meeting held on August 05, 2014, the Board of Directors of the Company at its meeting held later on the same day, inter alia, considered and approved the Scheme of Arrangement by way of amalgamation of Hoyt Engineering Solutions Pvt. Ltd. with Hitech Plast Limited under Section 391 and 394 of Companies Act, 1956 subject to the approval of High Court of Bombay, approval of the shareholders and compliance of other applicable statutory provisions in this regard.

The above information is a part of company’s filings submitted to BSE

 

 

Hitech Corporation Share Price

142.30 -3.45 (-2.37%)
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