manufacturing, Importers, Exporters, Dealers in all kinds of lights & lights fittings, etc and the Transferee Company has been carrying on the business of trading, manufacturing, importers, exporters, merchants, commission agents, brokers, distributors, dealers or in any other capacity in all kinds of lights and lights fittings, electrical Jhoomers, chandeliers, electrical & electronic switches, spike & voltage, tamps, tubes and all kinds of fittings thereof. The proposed scheme of Amalgamation will have the benefit as per the opinion of the management, that the amalgamation will enable the Transferee Company to consolidate the businesses and lead to synergies in operation and create a stronger financial base and it would be advantageous to combine the activities and operations of both companies into a single Company for synergistic linkages as both the Companies are engaged in the same type of business activities and thus there will be benefit of combined financial resources. This will be reflected in the profitability of the Transferee Company and that both the Companies are under same Management and it would be advantageous to combine the activities and operations in a single Company. The amalgamation will enable the Transferee Company to consolidate the businesses and lead to synergies in operation and create a stronger financial base and it would be advantageous to combine the activities and operations of both companies into a
