Scheme of Arrangement (Demerger) of R.T.Exports Limited. (Scrip Code 512565) |
Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (Demerger) approved by the Hon’ble High Court of Judicature at Bombay, R.T.Exports Limited has fixed the Record Date for the purpose of determining entitlement of the shareholders of the Company, as per details given below:
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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R.T.Exports Limited.
(512565)
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25/01/2019
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As per Scheme of Arrangement sanctioned by the Hon’ble High Court of Judicature at Bombay, between, R.T.Exports Limited and Asian Warehousing 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 Warehousing business to Asian Warehousing Limited pursuant to this Scheme:
Asian Warehousing Limited shall issue and allot equity shares at par on a proportionate basis to the shareholders of R.T.Exports Limited in the following proportion :
“0.80 fully paid up equity share of Asian Warehousing Limited shall be issued and allotted for every 1 fully paid up equity share held in R.T.Exports Limited.”
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24/01/2019
DR-206/2018-2019
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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 the aforesaid company shall be transferred from ‘X’ group to ‘XT’ group w.e.f. January 24,2019 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 January 24,2019.
Subject to compliance with requisite formalities the shares of resulting company Asian Warehousing Limited will be listed on BSE Limited.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
January 22, 2019 |