Orbit Corporation - Hon'ble High Court of Bombay judicature approve Scheme of Amalgamation

Orbit Corporation Ltd has informed that the Hon'ble High Court of Bombay judicature vide its order passed on December 07, 2007, has approved the Scheme of Amalgamation of Orbit Constructions & Realtors Pvt Ltd., Orbit Buildcon & Realty Pvt Ltd. and Orbit Housing Pvt Ltd. (all 100% subsidiary Companies of Orbit Corporation Ltd.) with Orbit
Corporation Ltd.

The Appointed date for the Scheme of Amalgamation is April 01, 2007 from which date the entire business and undertakings as also all the assets and liabilities of the said subsidiary Companies stands transferred to and vested with Orbit Corporation Ltd.