Friday 19 July 2013

Kavveri Telecom Products withdraws scheme of Amalgamation with. Kavveri Telecom Infra

With reference to the earlier announcement dated September 05, 2012 and subsequent meeting dated November 26, 2012 regarding the scheme of Amalgamation of Company with Kavveri Telecom Infrastructure Ltd,Kavveri Telecom Products Ltd has informed BSE that the Board of Directors now decided that to withdrawal the scheme of Amalgamation of Kavveri Telecom Infrastructure Limited (KTIL) with Kavveri Telecom Products Ltd. (KTPL) due to unavoidable circumstances.In this regards the Board has given further instructions to Advocate Council to file the withdrawal application with Hon'ble High court of Karnataka, Bangalore to cancel the Scheme of Amalgamation.

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