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| Exchange Received Time 01/07/2017 17:31:27 Exchange Disseminated Time 01/07/2017 17:31:32 Time Taken 00:00:05 | This is to inform you that the Board of Directors of the Company, at its meeting held today, the 1st of July, 2017, has upon consideration of the recommendations of Audit Committee inter alia approved the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013 between Zandu Realty Limited ('ZRL' or 'Transferor Company') and the Company ('EIL' or 'Transferee Company') and their respective shareholders and creditors.
The above said Scheme is subject to the approval of the shareholders, creditors, Securities and Exchange Board of India (SEBI), Stock Exchanges, Hon'ble National Company Law Tribunal (NCLT), and other regulatory authorities, as applicable.
In furtherance to our intimation regarding closure of trading window of the Company dated 27th June, 2017, this is to inform that the Trading Window of the Company for dealing in the securities of the Company shall reopen on and from 5th July, 2017.
This is for your information and record. |
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