PANASONIC

Panasonic Appliances India Company Limited has submitted to the Exchange the revised audited financial statements of the Company for the financial year ended March 31, 2013, afte giving effect to Scheme of Arrangement for reduction of capital, sanctioned by the Hon'ble High Court of Judicature at Madras, vide its Order dated November 26,2013, as approved by the Board of Directors at its meeting held on 03rd December, 2013. (Source MSE)

Panasonic Appliances India Company Limited has informed the Exchange that the Hon'ble High Court of Judicature at Madras has sanctioned the Scheme of Arrangement under Section 391 read with Sections 78,100 to 104 of the Companies Act, 1956 between the Company and its shareholders and creditors, for reduction capital ("the Scheme"). (Source MSE)

Panasonic Appliances India Company Limited has submitted to the Exchange the outcome of Court Convened Meeting (Results of Poll) of the equity shareholders of the Company held on 23rd September 2013, in the matter of Scheme of Arrangement for capital restructuring of the Company. (Source MSE)

Panasonic Appliances India Company Limited has informed the Exchange that as per the direction of the Hon'ble High Court of Judicature at Madras (" High Court"), the meeting of the equity shareholders of Panasonic Appliances India Co. Ltd ("Company") in connection with the Scheme of Arrangement to facilitate the restructuring of the Company, was duly held on 23rd September 2013. The Company has further informed that the result of the meeting will be intimated once the Chairman files his report with the High Court. (Source MSE)

Panasonic Appliances India Company Limited has informed the Exchange that the Board of Directors at its meeting held on 14th February 2013 has approved, among others, the following: " Scheme of Arrangement under Section 391 read with Sections 78, 100 to 104 of the Companies Act, 1956 to facilitate the proposed corporate restructuring exercise wherein a portion of the Securities Premium Account would be utilized / adjusted against the debit balance of Profit & Loss Account." (Source MSE)