Hinduja Ventures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 11, 2010, inter alia, has considered and approved the following: In principle approval of Merger of it's wholly owned subsidiary, HTMT Telecom Pvt. Ltd. with the Company. Hinduja Ventures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 30, 2010, inter alia, has approved the Draft Scheme of Amalgamation of HTMT Telecom Pvt. Ltd. with the Company. (As Per BSE Announcement Website dated on 30.07.2010) Hinduja Ventures Limited has submitted to the Exchange a copy of Advertisement as Published in newspapers with respect to the Scheme of Amalgamation of HTMT Telecom Private Limited into Hinduja Ventures Limited. (As Per NSE Bulletin dated on 26.10.2010) Hinduja Ventures Ltd has informed BSE that the Court Convened meeting of the Equity Shareholders of the Company for the purpose of approving the Scheme of Amalgamation of HTMT Telecom Pvt. Ltd. into Hinduja Ventures Ltd. ('Scheme') was held on November 18, 2010 and the said Scheme was duly approved by majority in number representing three-fourths in value of the members. (As Per BSE Announcement Website dated on 22.11.2010) Hinduja Ventures Ltd has informed BSE that High Court of Judicature at Mumbai has approved the Scheme of Amalgamation of HTMT Telecom Private Limited, with Hinduja Ventures Limited on April 15, 2011, pursuant to Section 391 to 394 of the Companies Act, 1956. (As Per BSE Announcement Dated on 25.04.2011)