|
| Exchange Received Time 06/09/2017 10:55:45 Exchange Disseminated Time 06/09/2017 10:55:53 Time Taken 00:00:08 | Sub: Cancellation of Record Date -reg.
The Board of Directors of the Company had fixed 15th September, 2017 as the 'Record Date' for the following:-
i. To receive the fully paid up equity shares of the Resulting Company, in the ratio of Two (2) Equity shares of Rs. 10/-each for every Five (5) equity shares of Rs.10/- each held Demerged Company.
ii. For pro-rata reduction of shareholding of the shareholders resulting in Three (3) equity shares of Rs.10/-each held by them in the Demerged Company.
In terms of Scheme of Arrangement entered between 'Shiva Texyarn Limited' Demerged Company) and 'Shiva Mills Limited' (Resulting Company)
As per the standard practice of BSE Limited, the Record Date request will be considered only after the Part B approval of SEBI. Therefore, new 'Record Date' will be announced later in consultation with the BSE Limited and NSE Limited.
Kindly take on record of the above.
|
|
|