Mahindra Composites at its meeting held on April 29, 2014 proposed to approve the Scheme of Amalgamation between the Company and Mahindra CIE Automotive and their respective shareholders and creditors for amalgamation of the company with MCIE.
Mahindra Composites Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2014, inter alia, proposed to obtain the approval of public shareholders through postal ballot and e-voting on the following business:1. Approval of the Scheme of Amalgamation between the Company and Mahindra CIE Automotive Limited ("MCIE") and their respective shareholders and creditors for amalgamation of the Company with MCIE.Source : BSE
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