|Schneider Electric Infrastructure to hold board meeting|
Schneider Electric Infrastructure to hold board meeting
On 07 October 2012
The board meeting of Schneider Electric Infrastructure will be held on 07
October 2012 to take note of the open offer for acquisition of upto
62,167,050 fully paid up equity shares of face value of Rs 2 each from the
public shareholders of Schneider Electric Infrastructure by Schneider
Electric Singapore (acquirer) and Schneider Electric South Asia (HQ),
Schneider Electric Services International and Energy Grid Automation
Transformers and Switchgears India, in their capacity as persons acting in
concert with the acquirer (collectively the `PAC`).
In this connection, the board at its above meeting will constitute a
committee of independent directors to provide its recommendation of the
open offer to the shareholders, under the provisions of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011.