Source Industries (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 16, 2013, has approved the draft scheme of Arrangement between M/s. Vaibhav Empire Private Limited (transferor Company) and M/s. Source Industries (India) Limited (transferee Company) and M/s. Vaibhav Hospitalities Private Limited (Transferee Company) and all other incidental matters related to the Scheme.
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