Videocon Appliances equity, preference shareholders & creditors approve scheme of amalgamation

Videocon Appliances Ltd has informed BSE that the Equity Shareholders, Preference Shareholders, Secured Creditors and Unsecured Creditors at their respective meetings held on July 27, 2007, have unanimously approved the scheme of amalgamation of M/s. Ranjangaon Industries Pvt Ltd (the Transferor Company) with the Company (Transferee Company).

The said meetings were chaired by Shri. Subhash S Dayama, Chairman appointed by the Hon'ble High Court, Bombay.