Corporate Announcement
Security Code : 530117    Company : FAIRCHEM    
Corporate Action-Updates on Amalgamation/ Merger / DemergerDownload PDFDownload XBRL
  Exchange Received Time  27/05/2019 13:56:13         Exchange Disseminated Time   27/05/2019 13:56:17              Time Taken   00:00:04
The Board of Directors of Fairchem Speciality Limited (FSL) and Privi Organics India Limited (POIL) at their respective
meetings held on May 22, 2019, have, inter alia, subject to various approvals, considered and approved a composite scheme
of arrangement and amalgamation (Transaction), for:
?? Demerger of the speciality oleo chemicals and nutraceuticals business of FSL into Fairchem Organics Limited (FOL, a
wholly owned subsidiary of FSL)
?? Amalgamation of POIL, manufacturers of aroma chemicals, a wholly owned subsidiary of FSL, into and with FSL.


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