Crompton Greaves Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2011, have approved a Scheme of Amalgamation of CG Capital & Investments Limited (a wholly owned subsidiary) with Crompton Greaves Limited. The amalgamation will be effective from April 01, 2010 (Appointed Date), subject to receipt of all Regulatory approvals. Crompton Greaves Ltd has informed BSE that the Honourable High Court of Judicature at Bombay has sanctioned the Scheme of Amalgamation of CG Capital and Investments Ltd ('CGC' or 'the Transferor Company'), a 100% subsidiary, with Crompton Greaves Limited ('the Transferee Company or the Company'), the holding company. The High Court Order has been filed with the Registrar of Companies, Mumbai and the Scheme has become effective on September 20, 2011; the Appointed Date being April 01, 2010. The amalgamation has resulted into increase in the Authorised Share Capital of the Company by Rs.85 crore comprising 425,000,000 equity shares of Rs 2/- each. Since CGC is 100% subsidiary of the Company, the entire paid up share capital of CGC would be cancelled and the Transferor Company stands dissolved without winding-up. (As Per BSE Announcement Website dated on 20.09.2011)