High Street Filatex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2014, inter alia, has discussed and approved the following: 1. Considered and approved the Scheme of arrangement under the provisions of Section 391-394 of the Companies Act, 1956 for the merger of High Street Filatex Limited (Transferor Company) with High Street Fashions Limited (Transferee Company) subject to requisite approval being taken from Stock exchanges, Securities and Exchange Board of India (SEBI), Shareholders, Creditors and Hon'ble Jurisdiction of High Court, Jaipur, Rajasthan. 2. Considered and taken on record the 'Valuation Report' obtained from M/s. P. C. Modi & Co., Chartered Accountants and 'Fairness Opinion Report on the share swap ratio' obtained from M/s. D & A Financial Services Pvt. Ltd., SEBI registered merchant banker. High Street Filatex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 07, 2014, inter alia, has discussed and approved the following: 1. Considered and approved the Scheme of arrangement under the provisions of Section 391-394 of the Companies Act, 1956 for the merger of High Street Fashions Limited (Transferor Company) with High Street Filatex Limited (Transferee Company) subject to requisite approval being taken from Stock exchanges, Securities and Exchange Board of India (SEBI), Shareholders, Creditors and Hon'ble Jurisdiction of High Court, Jaipur, Rajasthan. 2. Considered and approved the 'Valuation Report' obtained from M/s. P. C. Modi & Co., Chartered Accountants and 'Fairness Opinion Report on the share swap ratio' obtained from M/s. D & A Financial Services Pvt. Limited, SEBI registered merchant banker. (As Per BSE Announcement Dated on 07.03.2014)