The company has informed that pursuant to the order made by the Hon'ble High Court at Calcutta the separate meetings of the equity shareholders of the Company and Alstom Industrial Products Ltd (APIL) will be held on April 28, 2006, for the purpose of considering and if thought fit, approving, with or without modification, the proposed Scheme of Amalgamation between the Company and AIPL and their respective shareholders. Areva T&D India Ltd has informed BSE that equity shareholders at the Court convened meeting of the Company held on April 28, 2006, has approved the Scheme of Arrangement between the Company and Alstom Industrial Products Ltd (AIPL) for the transfer of the Company's non-T&D business to AIPL effective January 01, 2006, with requisite majority, subject to the sanction of the same by the Hon'ble Calcutta High Court. (AS per BSE Bulletin dated on 29/04/2006)