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| NOTICES |
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| Notice No. |
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20181121-3 |
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Notice Date |
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21 Nov 2018 |
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| Category |
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Corporate Actions |
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Segment |
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Equity |
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| Subject |
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Scheme of Arrangement (Demerger) of Arvind Limited. |
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| Content |
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Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (Demerger) approved by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, Arvind Limited has fixed the Record Date for the purpose of determining entitlement of the shareholders of the Company, as per details given below:
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COMPANY NAME
CODE
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RECORD DATE
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PURPOSE
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EX-ENTITLEMENT FROM
DATE &
SETT. NO.
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Arvind Limited.
(500101)
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29/11/2018
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As per Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, between, Composite Scheme of Arrangement amongst Arvind Limited, Arvind Fashions Limited, Anveshan Heavy Engineering Limited, The Anup Engineering Limited and their respective shareholders: -
A) Upon the coming into effect of the aforesaid Scheme and in consideration of the transfer and vesting of the Branded Apparel Undertaking from Arvind Ltd. Into Arvind Fashions Limited, Arvind Fashions Limited shall issue and allot “1 (One) fully paid up equity shares of Rs. 4/- of Arvind Fashions Limited for every (Five) fully paid up equity shares held in Arvind Limited.”
B) Upon the coming into effect of the aforesaid Scheme and in consideration of the transfer of the Engineering Undertaking from Arvind Ltd. Into Anveshan Heavy Engineering Limited; Anveshan Heavy Engineering Limited shall issue and allot “1 (One) fully paid up equity shares of Rs. 10/- of Anveshan Engineering Limited for every 27 (Twenty Seven) fully paid up equity shares held in Arvind Limited.”
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28/11/2018
DR-166/2018-2019
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Note:
Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated September 2, 2010, Trading members are hereby informed that the trading in the equity shares of the aforesaid company shall be a part of Call Auction in Pre-open Session on November 28, 2018.
Subject to compliance with requisite formalities the shares of resulting companies Arvind Fashions Limited & Anveshan Heavy Engineering Limited will be listed on BSE Limited.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
November 21, 2018
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