Gabriel India equity shareholders approve Scheme of Arrangement & Restructuring

Gabriel India Ltd has announced that pursuant to the order of the Hon'ble High Court of Judicature at Bombay, the Equity Shareholders of the Company at its court convened meeting held on January 10, 2007, have approved the Scheme of Arrangement & Restructuring between the Company and Anand Engine Components Ltd under section 391 & 394 of the Companies Act 1956, with requisite majority.

Source : Equity Bulls

Keywords