FLEXCHEM

Flex Industries Ltd. has informed the Exchange that: "Flex Industries Limited (FIL) alongwith Flex Engineering Limited (FEL), FCL Technologies & Products Limited (FCL) and Flex Securities Limited (FSL - Unlisted company) had approached the Hon'ble Delhi High Court through a joint application seeking its approval to a Scheme of Arrangement inter-alia involving the following: 1) Amalgamation of Flex Securities Limited with Flex Engineering Limited; 2) Amalgamation of Flex Engineering Limited (post amalgamation of Flex Securities Limited with Flex Engineering Limited) and FCL Technologies & Produ

Further, Flex Industries Limited has submitted to the Exchange a copy of the rationale for the Scheme as detailed in the Scheme of Arrangement. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/schm_FCL_6122006.zip target=NEW> For more details click here.</a>

Fcl Technologies & Products Limited has informed the Exchange that the Honourable Delhi High Court vide its Order dated July 07, 2006 had directed holding of meetings of Secured Creditors, Unsecured Creditors and equity Shareholders of the Company inter-alia to seek their approvals to the Scheme of Amalgamation. The company has further informed that as directed by the Hon'ble High Court the meetings of the Secured Creditors, Unsecured Creditors and Equity Shareholders were held on August 11, 2006 and the proposal of the Company was approved by the Creditors as well as members with requisite ma