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| Exchange Disseminated Time | Gujarat Fluorochemicals Ltd has informed BSE that
"Inox Leisure Limited has informed us that at the meeting of its Board of Directors held on July 10, 2013, Inox Leisure Limited has allotted 34562206 new equity shares of Rs. 10 each of Inox Leisure Limited to the Shareholders of Fame India Limited and its subsidiaries in pursuance of the composite scheme of amalgamation between Inox Leisure Limited and Fame India Limited and its subsidiaries.
Further the Company has inform that post allotment of these new equity shares, the shareholding of Gujarat Fluorochemicals Limited in Inox Leisure Limited has been reduced from 6562 % to 43.42 % of the total Paid up Equity Share Capital of Inox Leisure Limited. In view of the same, Inox Leisure Limited has ceased to be a subsidiary company of Gujarat Fluorochemicals Limited." |
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