| Scheme of Amalgamation of Indiabulls Financial Services Ltd. |
SUB. : - Scheme of Amalgamation of Indiabulls Financial Services Ltd. (Scrip Code 532544)
Trading members of the Exchange are hereby informed that, Indiabulls Financial Services Ltd. has fixed a Record Date to determine the entitlement of shareholders of Indiabulls Financial Services Ltd.,(IBFSL) pursuant to the Scheme of Arrangement - Amalgamation of Indiabulls Financial Services Ltd. with Indiabulls Housing Finance Ltd (IHFL) approved by Hon’ble High Court at New Delhi.
Trading Members are advised not to deal in the equity shares of Indiabulls Financial Services Ltd. with effect from the under mentioned date.
|
COMPANY NAME
CODE
|
RECORD DATE
|
PURPOSE
|
NO DEALINGS FROM
|
|
Indiabulls Financial Services Ltd.
(532544,
632544,
432544)
|
20/03/2013
|
Scheme of Amalgamation: -
Upon the coming into effect of the Scheme, and in consideration for amalgamation of IBFSL with IHFL, IHFL shall issue and allot shares to all the shareholders of IBFSL in the following proportion:
in the ratio of 1 (ONE) equity share of IHFL of Rs. 2/- (RUPEES TWO) credited as fully paid for every 1 (ONE) equity share of Rs.2/- (RUPEES TWO) each fully paid-up held by such shareholder in IBFSL.
|
19/03/2013
DR-246/2012-2013
|
Trading Members of the Exchange are requested to take note of it.
Jeevan Noronha
Manager - DCS
March 13, 2013
|