| Scheme of Arrangement (Demerger) of APM Industries Limited (Scrip Code 523537) |
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, Jaipur Bench, APM Industries 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.
|
|
APM Industries Limited
(523537)
|
18/06/2019
|
As per Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Jaipur Bench, between APM Industries Limited, APM Finvest Limited & their respective shareholders: -
Upon coming into effect the aforesaid Scheme and in consideration of the transfer and vesting of the Finance & Investment business from APM Industries Limited Into APM Finvest Limited, APM Finvest Limited shall issue and allot “1 (One) fully paid up equity share of Rs. 2/- of APM Finvest Limited for every (One) fully paid up equity share of Rs. 2/- held in APM Industries Limited”
|
17/06/2019
DR-053/2019-2020
|
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. June 17, 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 June 17, 2019.
Subject to compliance with requisite formalities the shares of resulting company APM Finvest Limited will be listed on BSE Limited.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
June 07, 2019 |