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Notices
Notice No20181017-35Notice Date17 Oct 2018
CategoryCorporate ActionsSegmentEquity
SubjectScheme of Arrangement (Demerger) of Cox & Kings Limited.
Content

 

Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (Demerger) approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, Cox & Kings 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

RECORD DATE

PURPOSE

EX-ENTITLEMENT  FROM

DATE &

SETT. NO.

Cox & Kings Limited.

(533144)

26/10/2018

 

 

As per Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench, between, Cox & Kings Limited and Cox & Kings Financial Services 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 Forex Division Undertaking to Cox & Kings Financial Services Limited pursuant to this Scheme:

 

Cox & Kings Financial Services Limited shall issue and allot equity shares at par on a proportionate basis to the shareholders of Cox & Kings Limited in the following proportion:

 

“1 (ONE) fully paid up equity share of Cox & Kings Financial Services Limited shall be issued and allotted for every 3 (THREE) fully paid up equity shares held in Cox & Kings Limited.

25/10/2018

DR-144/2018-2019

 

Note:

 Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated September 2, 2010, Trading members are hereby informed that the trading in the equity shares of the aforesaid company shall be transferred from ‘A’ group to ‘T’ group w.e.f. October 25, 2018 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 October 25,  2018.

 

Subject to compliance with requisite formalities the shares of resulting company Cox & Kings Financial Services Limited will be listed on BSE Limited.

 

 

Mangesh Tayde

Senior Manager –Listing Operations (CRD)

 

October 17, 2018