| Scheme of Arrangement (Demerger) of Corporate Courier and Cargo Limited. |
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, Mumbai Bench, Corporate Courier and Cargo 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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Corporate Courier and Cargo Limited.
(526737)
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21/09/2018
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As per Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench, between, Corporate Courier and Cargo Limited and Harish Textile Engineers Limited (Resulting Company) and Mahesh Developers Limited (Resulting Company) And Their Respective Shareholders And Creditors: -
Upon the coming into effect of the aforesaid Scheme and in consideration of the demerger of the Demerged Undertakings to Harish Textile Engineers Limited and Mahesh Developers Limited pursuant to this Scheme :
Harish Textile Engineers Limited shall issue and allot equity shares at par on a proportionate basis to the shareholders of Corporate Courier and Cargo Limited in the following proportion :
“13 (THIRTEEN) fully paid up equity shares of Harish Textile Engineers Limited shall be issued and allotted for every 100 (ONE HUNDRED) fully paid up equity shares held in Corporate Courier and Cargo Limited.”
Mahesh Developers Limited shall issue and allot equity shares at par on a proportionate basis to the shareholders of Corporate Courier and Cargo Limited in the following proportion :
“16 (SIXTEEN) fully paid up equity shares of Mahesh Developers Limited shall be issued and allotted for every 100 (ONE HUNDRED) fully paid up equity shares held in Corporate Courier and Cargo Limited.”
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19/09/2018
DR-121/2018-2019
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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 transferred from ‘X’ group to ‘XT’ group w.e.f. September 19, 2018 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 September 19, 2018.
Subject to compliance with requisite formalities the shares of resulting companies Harish Textile Engineers Limited & Mahesh Developers Limited will be listed on BSE Limited.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
September 12, 2018
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