Indoco Remedies equity shareholders to approve Scheme of Amalgamation & Demerger

Indoco Remedies Ltd has announced that pursuant to the Order made by the Hon'ble High Court of Judicature at Bombay, a meeting of the Equity Shareholders of the Company will be held on June 18, 2007, for the purpose of considering and if thought fit, approving with or without modification, the arrangement embodied in the Composite Scheme of Amalgamation and Demerger between La Nova Chem (India) Pvt Ltd and SPA Pharmaceuticals Pvt Ltd and the Company and their respective shareholders and creditors.

Source : Equity Bulls

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