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| NOTICES |
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| Notice No. |
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20170320-3 |
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Notice Date |
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20 Mar 2017 |
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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 PTL Enterprises Ltd. |
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| Content |
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Trading Members of the Exchange are hereby informed that, pursuant to the Composite Scheme of Arrangement (Demerger) approved by the Hon’ble High Court of Kerala and Hon’ble High Court of New Delhi, PTL Enterprises Ltd., 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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PTL Enterprises Ltd.
(509220)
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29/03/2017
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As per Composite Scheme of Arrangement sanctioned by the Hon’ble High Court of Kerala and Hon’ble High Court of New Delhi, between, (1) PTL Enterprises Ltd (PTL) and (2) Artemis Global Life Sciences Limited (AGLSL) : -
Upon the coming into effect of the aforesaid Scheme and in consideration of the demerger of Medicare and Healthcare Undertaking into Artemis Global Life Sciences Limited pursuant to this Scheme :
AGLSL shall issue and allot equity shares at par on a proportionate basis to the shareholders of PTL Enterprises Ltd in the following proportion :
“1 (ONE) fully paid up equity share of Artemis Global Life Sciences Limited shall be issued and allotted for every 1 (ONE) fully paid up equity share each held in PTL Enterprises Ltd.”
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27/03/2017
DR-246/2016- 2017
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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 transferred from ‘B’ group to ‘T’ group w.e.f. March 27, 2017 and pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012; the aforesaid scrip shall be a part of Call Auction in Pre-open Session on March 27, 2017.
Subject to compliance with requisite formalities the resulting company Artemis Global Life Sciences Limited will be listed on BSE Limited.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
Contact No. 2272 8846
20th March, 2017 |
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