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| Exchange Received Time 21/04/2017 18:09:03 Exchange Disseminated Time 21/04/2017 18:09:08 Time Taken 00:00:05 | | Further to our aforesaid letter dated 14th April, 2017 and in terms of the captioned Circulars and Regulation 37 of the SEBI (LODR) Regulations, 2015, we are filing the draft Scheme of Amalgamation of BJN Paints India Limited ('the Transferor Company'), a wholly owned subsidiary of Beepee Coatings Private Limited (wholly owned subsidiary of the Company) with the Company, with effect from 1st April, 2017 ('Appointed Date'), pursuant to Sections 230 and 232 of the Companies Act, 2013, for the purpose of disclosures. The Scheme is conditional upon and subject, inter alia, to sanction of the same by the Hon'ble National Company Law Tribunal ('NCLT'). The draft Scheme is enclosed as Annexure A. |
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