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| Exchange Disseminated Time | Alstom Projects India Ltd has informed BSE that the Hon'ble High Courts of Delhi and Bombay have sanctioned the Scheme of Amalgamation amongst ALSTOM Projects India Limited (Transferee Company), ALSTOM Holdings (India) Limited (Transferor Company) and their respective shareholders on February 23, 2012 and March 31, 2012, respectively, under Sections 391 to 394 of the Companies Act, 1956.
Pursuant to the Scheme sanctioned by the aforesaid High Courts, the Board of Directors of the Company has allotted 60,97,561 equity shares of Rs.10/- each to ALSTOM Holdings SA and extinguished 58,94,264 equity shares of Rs.10 each held by the Transferor Company in the Transferee Company on June 25, 2012.
Further, post the aforesaid allotment and extinguishment of equity shares the paid-up equity capital of the Company shall stand changed to 6,72,27,471 equity shares of Rs.10/- each aggregating to Rs.67,22,74,710/-. |
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