Notices
Notice No20181122-5Notice Date22 Nov 2018
CategoryCorporate ActionsSegmentEquity
SubjectAmalgamation of Dalmia Bharat Ltd.
Content

 Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation as sanctioned by the Chennai Bench of the Hon’ble National Company Law Tribunal, inter alia, between Dalmia Bharat Ltd (Transferor Company) and Odisha Cement Limited(Transferee Company),   Odisha Cement Ltd has fixed the Record Date to determine the entitlement of shareholders of Dalmia Bharat Ltd to equity shares of Odisha Cement Limited. 

Trading Members are advised not to deal in the equity shares of Dalmia Bharat Ltd with effect from the under mentioned date:

COMPANY NAME 

CODE

RECORD DATE

PURPOSE

NO DEALINGS

FROM

W.E.F.

Dalmia Bharat Ltd

(533309)

30/11/2018

Scheme of Amalgamation: -

Upon the Scheme becoming effective and in consideration of the Amalgamation, transfer and vesting of the Amalgamating Undertaking of Dalmia Bharat LTD with Odisha Cement Limited, Odisha Cement Limited shall issue and allot Equity Shares to the shareholders of Dalmia Bharat LTD in the following share exchange ratio:

 

“02 (Two) equity shares of Rs.2/- each Fully Paid Up of Odisha Cement Limited for every 01 (One) equity Share of Rs. 02/- each held in DALMIA BHARAT LTD.”

29/11/2018

DR-167/2018-2019

 

Subject to compliance with requisite formalities the New Shares to be issued and allotted by Odisha Cement

Limited maybe be listed on BSE Limited.

 

Trading Members of the Exchange are requested to take note of it.

 

  

Mangesh Tayde

Senior Manager –Listing Operations (CRD)

November 22, 2018