Yokogawa India calls for EGM to consider buy-out of remaining stake by forieng promoter

Yokogawa India Ltd has announced that the Board of Directors of the Company at its meeting held on December 18, 2006 has taken on record the proposal received from YOKOGAWA ELEECTRIC CORPORATION Japan to purchase the outstanding publicly held shares of the Company (delisting proposal ) and de-list the Company under SEBI (Delisting of Securities) Guidelines 2003.

Further the Company has informed that, the Board of Director has approved convening of Extra Ordinary General Meeting of the Company on January 17, 2007 for approval of the aforesaid by shareholders.

Source : Equity Bulls

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