Corporate Announcement
Security Code : 509820    Company : HUHTAMAKI    
 
Allotment Of Equity Shares To Erstwhile Promoters Of Webtech Labels Private Limited In Pursuance Of The Scheme Of Arrangement/Amalgamation Of Webtech Labels Private Limited With Huhtamaki PPL Limited. Download PDF Download XBRL
  Exchange Received Time  06/04/2017 16:39:42         Exchange Disseminated Time   06/04/2017 16:39:48              Time Taken   00:00:06
We wish to inform you that the Allotment Committee of the Board of Directors at their meeting held on Thursday, 6th April, 2017, allotted 28,10,000 Equity Shares of Face Value of Rs. 2/- each (fully paid) to the shareholders of erstwhile Webtech Labels Private Limited (Webtech Labels), in the ratio of 281 (Two hundred Eighty One) equity shares of Rs. 2/- each of the Company, for every 1 (one) equity share of Face Value of Rs. 10/- each held by them in Webtech Labels, in pursuance of the Scheme of Arrangement/Amalgamation of Webtech Labels Private Limited with the Company. Consequent to the above allotment, the paid up equity share capital of the Company has increased from Rs. 14,54,23,868/- consisting of 7,27,11,934 equity shares of face value Rs. 2/- each to Rs. 15,10,43,868/-, consisting of 7,55,21,934 equity shares of face value Rs. 2/- each
 

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