Wockhardt Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 12, 2011, have considered and approved Scheme of Arrangement under Section 391 to 394 of the Companies Act, 1956 in the nature of Demerger of Nutrition business of Vinton Healthcare Limited, a wholly owned subsidiary of the Company into Wockhardt Limited ('the Company') with effect from the appointed date January 01, 2011. As Vinton Healthcare Limited is a wholly owned subsidiary of the Company, no shares would be issued by the Company pursuant to the aforesaid Scheme of Demerger. The said scheme of Arrangement in the nature of Demerger shall be subject to the approval of shareholders of the Vinton Healthcare Limited ('Demerged Company'), the approval of Jurisdictional High Court in which Demerged Company is situated and requisite consent and approval of the statutory and regulatory authorities as may be required for the implementation of the scheme. Wockhardt Ltd has informed BSE that the Hon'ble High Court of Delhi has approved the Scheme of Arrangement under Section 391 to 394 of the Companies Act, 1956 in the nature of Demerger of Nutrition business of Vinton Healthcare Ltd., a wholly owned subsidiary of the Company into Wockhardt Ltd. ('the Company') with effect from the Appointed Date i.e. January 01, 2011. The certified copy of the said order is awaited. (As Per BSE Announcement Website dated on 04.05.2011)