SPSL

Shree Precoated Steels Limited has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay has approved the Composite Scheme of Arrangement between Ajmera Realty & Infra India Limited & Ajmera Precoated Steels Limited and their respective Shareholders involving demerger of the Steel division of Ajmera Realty & Infra India Limited into Ajmera Precoated Steels Limited and Reorganization of their share capital vide Order dated March 21, 2009, a certified copy of which was made available on April 08, 2009. The Company is in process of filing the certified copy of the Order alon

Shree Precoated Steels Limited has informed the Exchange that vide order dated December 12, 2008, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the equity shareholders of the Company will be held on January 12, 2009 for the purpose of considering and, if thought fit, approving, with or without modification(s), the arrangement embodied in the Composite Scheme of Arrangement between Ajmera Realty and Infra India Limited and Ajmera Precoated Steel Limited and their respective Shareholders("the Scheme"). Further, the Scheme also involves Capital Reduction of the Co

Shree Precoated Steels Limited has informed the Exchange that: "The Scheme of Amalgamation of Anik Development Corporation Pvt. Ltd (hereinafter referred to as "ADCPL") and the Company was approved by the Hon'ble High Court of Judicature at Bombay on Friday, 10th August, 2007".

Shree Precoated Steels Limited has informed the Exchange that: "The Equity Share Holders and the Secured Creditors of the Company at their respective Court Convened Meetings held on May 15, 2007, have approved the amalgamation embodied in the Scheme of Amalgamation between the Company and Anik Development Corporation Pvt. Ltd (ADCPL) by an overwhelming majority".

Shree Precoated Steels Limited has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay has given directions to convene the separate Meetings of the Equity Share Holders and the Secured Creditors of the Company to be held on May 15, 2007, for the purpose of considering and, if thought fit, approving with or without modification the proposed Scheme of Amalgamation between the Company and Anik Development Corporation Pvt. Ltd. (ADCPL)".

Shree Precoated Steels Limited has informed the Exchange that: "The Board of Directors of the Company at its Meeting held on 22nd January, 2007 has unanimously approved the Scheme of Amalgamation of "M/s Anik Development Corporation Private Limited" with the Company subject to approval of Stock Exchanges, ROC, Shareholders, Creditors & High Court of Mumbai pursuant to section 391 to 395 of the Companies Act, 1956".