(24-Sep-2012 Hours IST)
Escorts Ltd has informed BSE that the Hon'ble High Court of Punjab & Haryana at Chandigarh has vide an order dated August 09, 2012, received on September 24, 2012, sanctioned the Scheme of Arrangement and Amalgamation of Escorts Construction Equipment Ltd; and Escotrac Finance and Investments Pvt. Ltd: and Escorts Finance Investments and Leasing Pvt. Ltd with Escorts Ltd and their respective shareholders and creditors ('Scheme'). The Scheme would be effective on filing of the court order with Registrar of Companies by all the Transferor Companies and the Transferee Company
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