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Floatglass India: shareholders approve merger

Floatglass India Ltd has made it known that at the court convened meetings held on 27 March 2003, the equity shareholders and unsecured creditors of the company unanimously approved the scheme to amal…

Floatglass India Ltd has made it known that at the court convened meetings held on 27 March 2003, the equity shareholders and unsecured creditors of the company unanimously approved the scheme to amalgamate Floatglass India with its holding company, Asahi India Glass Ltd. The amalgamation was approved with a minor modification, which had initially been proposed by the sole preference shareholder, Asahi Glass Company Ltd, Japan.

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