Integra Engg board meeting on July 26 to issue and allot shares to shareholders

Integra Engineering India Ltd (IEIL) has informed BSE that Meeting of Committee of Directors of the Company will be held on July 26, 2012, to consider as follows:1. Issue to existing equity shareholders of IEIL or his/her/its legal heirs, executors / administrators, successors, as the case may be, equity shares of the face value of Rs. 1/- each, credited as fully paid up, of every equity share of the face value of Rs. 10/- each, credited as fully paid up, held on Record Date (July 16, 2012) by such shareholders in IEIL on the terms and conditions set out in the said Order dated March 23, 2012, the Composite Scheme of Arrangement in nature of Amalgamation of erstwhile INTEGRA India Group Company Limited with the Company as approved by the High Court of Gujarat, Ahmedabad.2. Issue and allot to the equity shareholders of Integra India Group Company Ltd (IIGCL/The Transferor Company) or his/her/its legal heirs, executors / administrators, successors, as the case may be, equity shares of the face value of Rs. 1/- each, credited as fully paid up, of IEIL, in the ratio of 27 (Twenty Seven) equity shares of the face value of Re. 1/- each of IEIL for every 2 (Two) equity shares of the face value of Rs. 10/- each, credited as fully paid up, held on Record Date (July 16, 2012) by such shareholders in IIGCL on the terms and conditions set out in the said Order dated March 23, 2012, the Composite Scheme of Arrangement in nature of Amalgamation of erstwhile INTEGRA India Group Company Limited with the Company as approved by the High Court of Gujarat, Ahmedabad.Source : BSE

Read all announcements in Integra Engg