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| Exchange Disseminated Time 29/07/2016 18:21:07 | Uni Abex Alloy Products Ltd has informed BSE that the Company is in receipt of letter dated July 29, 2016 from one of its promoter M/s. Chemical & Ferro Alloys Private Limited (CFAPL) (Holding 1,55,800 Equity shares i.e. 7.89%), informing the Company that CFAPL's subsidiary Universal Ferro & Allied Chemicals Limited (UFACL) which is also a promoter of Uni Abex Alloy Products Limited (UAL), holding 2,70,000 Equity shares i.e. 13.67% has merged with its holding Company i.e. CFAPL.
Because of aforesaid merger the total shareholding of CFAPL in UAL would increase from 1,55,800 to 4,25,800 i.e. (7.89% to 21.56%) and UFACL shareholding in UAL would become Nil. The Company wishes to place on record that there is no change in the promoter holding. |
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