Elgi Rubber Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 23, 2010, inter alia, have approved a scheme of amalgamation and arrangement between the Company, Treadsdirect Limited, Elgi Rubber International Limited and their respective subsidiaries, subject to statutory approvals. The appointed date for the scheme would be April 01, 2010....

Elgi Rubber Company Ltd.

27 Jul 2010

65.94

1.32%

Corp. Note

Financial Results for Jun 30, 2010

BSE India

Elgi Rubber Company Ltd has informed BSE about the Financial Results for the Quarter ended June 30, 2010.

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Elgi Rubber Company Ltd.

16 Jul 2010

65.94

1.32%

Corp. Note

Outcome of Board Meeting

BSE India

Elgi Rubber Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 10, 2010, inter alia, has taken the following decisions:1. To restructure the business of the Company with effect from April 01, 2010 through aComposite Scheme of Arrangement and Amalgamation by amalgamating the Company along with Treadsdirect Ltd. into Elgi Rubber International Ltd., a Company which will eventually be listed...

Is Elgi Rubber Company Ltd. worth buying?

36 Votes:

Buy 88.89%

Sell 2.78%

Hold 8.33%