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NOTICES
Notice No.   20230412-60   Notice Date   12 Apr 2023
Category   Corporate Actions   Segment   Equity
Subject   Scheme of Arrangement (Demerger) of Allcargo Logistics Ltd. (Scrip Code 532749)
 
Content

Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement and Demerger as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench,  Allcargo Logistics Ltd. has fixed Record Date for the purpose of determining the entitlement of the Shareholders of the Company,  as per details given below: -

 

COMPANY NAME

CODE

RECORD DATE

PURPOSE

EX-ENTITLEMENT  FROM

DATE &

SETT. NO.

Allcargo Logistics Ltd.

(532749)

18/04/2023

 

 

As per Scheme of Arrangement and Demerger sanctioned by the Hon'ble National Company Law Tribunal, Mumbai Bench, between, Allcargo Logistics Ltd. (Demerged Company) and Allcargo Terminals limited (Resulting Company 1) and Transindia Realty & Logistics Parks Limited (Resulting Company 2),and Their Respective Shareholders and Creditors;

 

(1) Allcargo Terminals limited (Resulting Company 1)

 

In consideration of Demerger of Container Freight Station, Inland Container Depot business of Allcargo Logistics Ltd INTO   Allcargo Terminals limited,      Allcargo Terminals limited shall  issue and allot Equity Shares to the eligible Shareholders of Allcargo Logistics Ltd., in the following proportion:-

 

“1 (One) fully paid-up Equity Share of Rs.2/- each fully paid up of Allcargo Terminals limited  shall be issued and alloted for every 1 (One) fully paid-up Equity Share of Rs.2/- each fully paid up held in Allcargo Logistics Ltd.”

 

 

(2) Transindia Realty & Logistics Parks Limited (Resulting Company 2) 

 

In consideration of Demerger of Construction & Logistics Parks, leasing of Land & Commercial Properties, Engineering Solutions business of Allcargo Logistics Ltd    INTO  Transindia Realty & Logistics Parks Limited,    Transindia Realty & Logistics Parks Limited shall  issue and allot Equity Shares to the eligible Shareholders of Allcargo Logistics Ltd., in the following proportion:-

 

“1 (One) fully paid-up Equity Share of Rs.2/- each fully paid up of Transindia Realty & Logistics Parks Limited shall be issued and alloted for every 1 (One) fully paid-up Equity Share of Rs.2/- each fully paid up held in Allcargo Logistics Ltd.”

18/04/2023

DR-510/2023-2024

 

Note:

 

Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading members are hereby informed that the trading in the Equity Shares of Allcargo Logistics Ltd shall be transferred from ‘A’ group to ‘T’ group w.e.f. 18th April, 2023,  and 

 

Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012; the aforesaid scrip (Allcargo Logistics Ltd) shall be a part of Call Auction in Pre-open Session on 18th April, 2023.

 

Subject to compliance with requisite formalities, the shares of the Resulting Companies 1 and 2 i.e., Allcargo Terminals limited  and Transindia Realty & Logistics Parks Limited will be listed on BSE Limited.

 

 

 Marian Dsouza

Senior Manager –Listing Operations (CRD)

 

April 12, 2023