Monnet Ispat to merge Mounteverest Trading and Investment

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Monnet Ispat to merge Mounteverest Trading and Investment

Monday, 22 Mar 2010

Monnet Ispat & Energy said that its board in a meting held on March 15th 2010 has approved the merger of Mounteverest Trading & Investment with itself.

Further, the swap ratio for the proposed merger shall be two shares of Monnet Ispat & Energy for every five stocks of Mounteverest Trading & Investment.

(Sourced from IRIS.com)

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