|
| Exchange Disseminated Time | Jubilant Industries Ltd has informed BSE that pursuant to Clause 4.1 of Part C of Section II of the Scheme of
of arrangement among Enpro Oil Private Limited (EOPL), Jubilant Industries Limited (JIL) and Jubilant Agri and Consumer Products Limited (JACPL) and their respective shareholders and creditors ("Scheme"), the Board of Directors of EOPL, in consultation with the Restructuring Committee of Board of Directors of JIL, has fixed February 27, 2012 as the Demerger Record Date for allotment of fully paid-up equity shares of face value Rs. 10 each of JIL to the shareholders of EOPL as on the Demerger Record Date.
Subsequent to the Demerger Record date, the equity shareholders of EOPL will be issued 10 (ten) equity shares of face value Rs. 10 each credited as fully paid-up in JIL for every 22 equity shares of face value Rs. 10 each held by them in EOPL, as on the Demerger Record Date. Accordingly 38,35,348 new equity shares of face value Rs. 10 each will be issued and allotted by JIL. |
|
|