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| NOTICES |
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| Notice No. |
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20181022-10 |
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Notice Date |
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22 Oct 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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Amalgamation of OCL India Ltd. |
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| Content |
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SUB. : - Amalgamation of OCL INDIA LTD. (Scrip Code: 502165).
Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation as sanctioned by the Chennai Bench of the Hon’ble National Company Law Tribunal, inter alia, between OCL INDIA (Transferor Company) and Odisha Cement Limited(Transferee Company), Odisha Cement LTD has fixed the Record Date to determine the entitlement of shareholders of OCL INDIA LTD to equity shares of Odisha Cement Limited.
Trading Members are advised not to deal in the equity shares of OCL India Ltd with effect from the under mentioned date:
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COMPANY NAME
CODE
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RECORD DATE
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PURPOSE
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NO DEALINGS
FROM
W.E.F.
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OCL INDIA LTD
(502165)
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26/10/2018
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Scheme of Amalgamation: -
Upon the Scheme becoming effective and in consideration of the Amalgamation, transfer and vesting of the Residual Undertaking of OCL INDIA LTD with Odisha Cement Limited, Odisha Cement Limited shall issue and allot Equity Shares to the shareholders of OCL INDIA LTD in the following share exchange ratio:
“01 (One) equity share of Rs.10/- each Fully Paid Up of Odisha Cement Limited for every 01 (One) equity Share of Rs. 02/- each held in OCL INDIA LTD.”
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25/10/2018
DR-144/2018-2019
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Subject to compliance with requisite formalities the New Shares to be issued and allotted by Odisha Cement Limited maybe be listed on BSE Limited.
Trading Members of the Exchange are requested to take note of it.
Marian D’souza
Associate Manager –Listing Operations (CRD)
October 22, 2018 |
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