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| Exchange Disseminated Time | | With reference to the earlier letter dated June 30, 2015 intimating about effective of the Composite Scheme of Arrangement and Amalgamation (the Scheme) between Kirloskar Brothers Investments Limited (KBIL - Transferor Company), Pneumatic Holdings Limited (PHL - Resulting Company) and Kirloskar Oil Engines Limited (KOEL - Transferee Company) and their respective shareholders and creditors under Section 391 to 394 and other applicable Sections of the Companies Act, 1956/2013, duly sanctioned by Hon'ble High Court of Judicature at Bombay vide its order dated April 30, 2015, Kirloskar Oil Engines Ltd has now informed BSE that pursuant to the said Scheme, 8,03,88,514 equity shares held by KBIL in KOEL cancelled on account of Cross holdings. In view of this KBIL is ceased to be holding company of KOEL. |
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