| Scheme of Arrangement of Aditya Birla Nuvo Ltd. |
SUB. :- Scheme of Arrangement of Aditya Birla Nuvo Ltd. (Scrip Code 500303)
Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement as approved by the Hon’ble High Court of Bombay and High Court of Gujarat at Ahmedabad, Aditya Birla Nuvo Ltd (ABNL), has fixed the Record Date for the purpose of determining the entitlement of 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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Aditya Birla Nuvo Ltd.
(500303 & 600303)
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21/01/2016
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Scheme of Arrangement sanctioned by the Hon’ble High Court of Bombay and the High Court of Gujarat at Ahmedabad, Between:
(1) Aditya Birla Nuvo Ltd (ABNL) and (2) Madura Garments Lifestyle Retail Company Limited and (3) Pantaloons Fashion & Retail Limited (PFRL) : -
Upon the Scheme becoming effective and in consideration of the demerger and transfer of Madura Undertaking of ABNL into PFRL,
PFRL shall issue and allot equity shares credited as fully paid-up to the shareholders of ABNL in the following proportion:
“ 26 (TWENTY SIX) fully paid up equity shares of Rs. 10/- of PFRL shall be issued and allotted for every 5 (FIVE) fully paid up equity shares of Rs.10/- each held in ABNL”
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20/01/2016
DR-202/2015- 2016
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Note:
As mandated vide SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012 and Clarification provided vide SEBI Letter No. OW/27536/2015 dated September 30, 2015, the aforesaid scrip shall be a part of Pre-open Call Auction Session on January 20, 2016.
Marian D’souza
Associate Manager –Listing Operations (CRD)
January 12, 2016
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