| Reliance Power Ltd has informed BSE that by an order made on the August 06, 2010, in the company summons for direction, the Hon`ble High Court of Judicature at Bombay has directed that a meeting of the equity shareholders of the Applicant Company be convened and held on September 04, 2010 for the purpose of considering and, if thought fit, approving with or without modification(s), the proposed arrangement embodied in the Composite Scheme of Arrangement between Reliance Natural Resources Ltd. (`RNRL`) and Reliance Power Ltd. (`RPOWER`) and Atos Trading Pvt. Ltd. (`ATPL`) and Atos Mercantile Pvt. Ltd. (`AMPL`) and Coastal Andhra Power Infrastructure Ltd. (`CAPIL`) and Reliance Prima Ltd. (`RPL`) and Reliance Futura Ltd. (`RFL`) and their respective Shareholders and Creditors ("Scheme" or "the Scheme").
Reliance Power Ltd has informed BSE that the Equity Shareholders of the Company at their Meeting held on September 04, 2010 as per the Order of the Hon`ble High Court of Judicature at Bombay have approved the Composite Scheme of Arrangement, inter alia, between Reliance Natural Resources Ltd. and Reliance Power Ltd. under Sections 391 to 394 of the Companies Act, 1956. The votes in favour of the resolution approving the Scheme were 99.99% of the total votes cast at the meeting.
(As Per BSE Announcement Website dated on 06.09.2010) |