Teledata Informatics Ltd has announced that pursuant to the order of the Hon'ble High Court of Judicature at Madras, a meeting of the Equity Shareholders of the Company will be held on January 19, 2007, for the purpose of considering and, if thought fit, approving, with or without modification, the arrangement embodied in the Composite Scheme of Arrangement between the Company and Teledata Marine Solutions Ltd and Teledate Technology Solutions Ltd and Sirius Shipping Company Ltd.