Saboo Brothers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 29, 2013, has considered and approved the following:

- Adopted of the Scheme of Arrangement pertaining to section 391 to 393 of the Companies Act, 1956 relating to :

a) Merger of M/s. Bohra Industries Limited with M/S. Saboo Brothers Limited

b) Change of Management of the Company.