(07-Sep-2015 Hours IST)
Good Luck Steel Tubes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 07, 2015, has considered and approved, in principle, the proposed amalgamation of its wholly owned subsidiary - M/s. MarterJi Metalloys Pvt. Ltd with Good Luck Steel Tubes Limited. The Board of Directors of the Company will further meet to consider and approve the Draft Scheme of Amalgamation and other documents in this connection. Good Luck Steel Tubes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 15, 2015, inter alia, has considered and approved the Draft Scheme of Amalgamation of M/s. Masterji Metalloys Pvt Ltd with Good Luck Steel Tubes Limited. The Transferor Company - M/s. Masterji Metalloys Pvt Ltd is a wholly owned subsidiary of Good Luck Steel Tubes Limited and upon amalgamation no shares would be issued. Decision of the Board is subject to further approval of the concerned High Court(s) and other competent authorities. (As Per BSE Announcement Dated on 15/09/2015) Good Luck Steel Tubes Ltd has submitted to BSE a copy of Hon'ble Delhi High Court upon 1st motion application moved jointly by Masterji Metalloys Pvt. Ltd (Transferor Company) and Good Luck Steel Tubes Ltd (Transferee Company). (As Per BSE Announcement Dated on 29.01.2016) Good Luck Steel Tubes Ltd has informed BSE regarding Outcome of Board Meeting held on May 07, 2016. This is to inform you that the Board of Directors of the Company at its meeting held on May 07, 2016 has, inter alia, passed the Postal Ballot notice as per the provisions of section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, the Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any (including any statutory modifications or re-enactment thereof for the time being in force) to ascertain the shareholders' approval as special resolution in regard to the following item: 1) Approval of Scheme of Amalgamation of Masterji Metalloys Pvt. Ltd. with Good Luck Steel Tubes Ltd. The copy of postal ballot notice and postal ballot form would be sent to shareholders whose names appear on the Register of Members/List of beneficial owners as on May 07, 2016. (As per BSE Announcement dated on 07.05.2016) Goodluck India Ltd has informed BSE that the Hon'ble High Court of Delhi has approved the scheme of Amalgamation of Masterji Metalloys Pvt Ltd (Transferor Company) with Goodluck India Limited (Transferee Company), formerly known as Good Luck Steel Tubes Ltd. In this regard a copy of the formal order of The Hon'ble High Court of Delhi dt. August 02, 2016 (Pronounced on August 29, 2016) is enclosed. The scheme will be effective from the date of filing of the order with Registrar of Companies, NCT of Delhi & Haryana. (As per BSE Announcement dated on 08.11.2016) With reference to the scheme of Amalgamation of Masterji Metalloys Pvt Ltd (Transferor Company) with Goodluck India Limited (Transferee Company), formerly known as Good Luck Steel Tubes Ltd. In this regard, Goodluck India Ltd has now informed BSE that a copy of the formal order of The Hon'ble High Court of Delhi dt. August 02, 2016 (Pronounced on August 29, 2016) has been filed with Registrar of Companies, NCT of Delhi & Haryana on November 09, 2016. Henceforth, the scheme of Amalgamation of Masterji Metalloys Pvt Ltd (Transferor Company) with Goodluck India Limited (Transferee Company), formerly known as Good Luck Steel Tubes Ltd has become effective from November 09, 2016. (As Per BSE Announcement Dated on 10.11.2016)
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