| Scheme of Arrangement (Demerger) of Adani Enterprises Limited. |
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, Ahmedabad Bench, Adani Enterprises 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.
|
|
Adani Enterprises Limited.
(512599)
|
07/09/2018
|
As per Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, between, Adani Enterprises Limited, Adani Gas Holdings Limited and Adani Gas 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 Gas Sourcing and Distribution business into Adani Gas Limited pursuant to this Scheme :
Adani Gas Limited shall issue and allot equity shares at par on a proportionate basis to the shareholders of Adani Enterprises Limited in the following proportion :
“1 (ONE) fully paid up equity share of Adani Gas Limited shall be issued and allotted for every 1 (One) fully paid up equity share held in Adani Enterprises Limited.”
|
06/09/2018
DR-113/2018-2019
|
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 a part of Call Auction in Pre-open Session on September 06, 2018.
Subject to compliance with requisite formalities the shares of resulting company Adani Gas Limited will be listed on BSE Limited.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
September 03, 2018 |