With reference to the earlier announcement dated November 22, 2006, NMDC Ltd has informed BSE that the Government of India has conveyed its approval for the merger of Sponge Iron India Ltd, Hyderabad, (SIIL) with NMDC Ltd, Hyderabad (NMDC), through acquisition of shares of SIIL by NMDC, vide letter dated June 02, 2008 of the Under Secretary to the Government, Ministry of Steel, Udyog Bhawan, New Delhi.
M/s. Amarchand & Mangaldas & Suresh a Shroff & Co., advocates & solicitors, have been appointed for conducting the legal process of merger.
With reference to the earlier announcement dated June 23, 2008, NMDC Ltd has informed BSE that the Government of India has conveyed its approval for 'Appointed Date as June 30, 2008' for the purpose of Merger of Sponge Iron India Ltd, Hyderabad (SIIL) with NMDC Ltd, Hyderabad through acquisition of shares of SIIL by NMDC.
(As per BSE Announcement dated on 26/08/2008)
NMDC Ltd has informed BSE that the Board of Directors of the Company has approved the draft Merger scheme of Sponge Iron India Ltd, Hyderabad (SIIL) with NMDC Ltd, Hyderabad through acquisition of shares of SIIL by NMDC. The Company also inform that the Board of Directors of Sponge Iron India Ltd has yet to be consider the draft merger scheme and further developments will be informed in due course.
(As per BSE Announcement dated on 16/09/2008)
With reference to the earlier annoucement regarding Merger of SIIL with NMDC, NMDC Ltd has informed BSE that the merger petition of Sponge Iron India Ltd (SIIL) with NMDC had been filed with the Department of Corporate Affairs, (DCA) Government of India on December 23, 2008.
(As Per BSE Announcement Website dated on 31.12.2008)
Nmdc Limited has informed the Exchange that the meetings of the Unsecured Creditors and
Equity Shareholders of the Company are held on May 22, 2009 for approving Scheme of Amalgamation of SIIL with NMDC Ltd. as per the order of Ministry of Corporate Affairs (MCA). In the said meetings, the resolutions approving merger of SIIL with NMDC Ltd. are passed by the Unsecured Creditors and Equity Shareholders of the Company.
(As Per NSE Bulletin Dated on 25/05/2009)
NMDC Ltd has informed BSE that the Unsecured Creditors and Equity Shareholders of the Company at its meeting held on May 22, 2009 as per the Order of Hon'ble Ministry of Corporate Affairs (MCA), inter alia, have approved the Scheme of Amalgamation of Sponge Iron India Ltd (SIIL) with NMDC Ltd.
(As Per BSE Announcement Dated on 02/06/2009)
NMDC Ltd has informed BSE that with reference to earlier announcement on Scheme of Amalgamation of Sponge Iron India Ltd (SIIL) with NMDC Ltd, the Ministry of Corporate Affairs (MCA), while hearing the petitions filed by the Company, has fixed the final hearing date as the October 06, 2009.
(As Per BSE Announcement Website dated on 14.09.2009)
NMDC Ltd has informed BSE that the Ministry of Corporate Affairs (MCA), has passed an Order for merger of Sponge Iron India Ltd. (SIIL) with NMDC Ltd. on January 18, 2010.
(As Per BSE Announcement Website dated on 25.01.2010)
NMDC Ltd has informed BSE that the Ministry of Corporate Affairs (MCA) has passed an Order dated May 24, 2010 for merger of SIIL with NMDC Ltd., granting the time upto July 02, 2010 to file the Merger Order dated January 18, 2010 with Registrar of Companies, Andhra Pradesh, Hyderabad.
(As Per BSE Announcement Website dated on 03.06.2010)
NMDC Ltd has informed BSE that the Merger Order passed by Ministry of Corporate Affairs (MCA) for merger of Sponge Iron India Ltd. (SIIL) with NMDC Ltd., has been filed on July 01, 2010 with Registrar of Companies, Andhra Pradesh, Hyderabad, within the stipulated time.
Consequent upon filing, SIIL stands merged with NMDC with effect from July 01, 2010 without being wound up in terms of the Orders of Ministry of Corporate Affairs, Government of India dated January 18, 2010 and May 24, 2010.
(As Per BSE Announcement Website dated on 01.07.2010) | Powered by Capital Market - Live News |
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