Sabero Organics Gujarat Ltd has informed BSE that copies of the Orders of the Honble High Court of Judicature at Hyderabad for the State of Telangana and State of Andhra Pradesh and the Honble High court of Gujarat approving the Scheme of Amalgamation of Sabero Organics Gujarat Limited (Transferor Company) with Coromandel International Limited (Transferee Company) have been filed by the Transferee Company and the Transferor Company, with the respective Registrar of Companies on November 24, 2014 and December 31, 2014 respectively.
With the filing of the Court Orders with the respective Registrar of Companies the Scheme has become Effective from December 31, 2014 as provided in the Scheme and the Transferor Company stands dissolved without winding up as provided in the Scheme and the provisions of Section 394 of the Companies Act, 1956.
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