Sujana Metal Products has received approval for scheme of amalgamation of Lakshmi Gayatri Industries, Glade Steel, Sriganga Steel Enterprises and Topaz Steel India with Sujana Metal Products and their respective shareholders with requisite majority.
The company has received its shareholders and secured creditors approval for the same at their respective meetings held on April 28, 2011. Earlier on March 28, 2011, the company has received approval from Andhra Pradesh HC at Hyderabad for the same.
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