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| Exchange Disseminated Time 30/07/2016 16:53:07 | Anant Raj Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 19, 2016, has considered a minor change in the scheme of arrangement pertaining to grouping / re-grouping of assets of M/s Anant Raj Agencies Private Limited (ARAPL/ Demerged Company 1/Amalgamating Company) to be transferred to M/s Tauras Promoters & Developers Private Limited (TPDPL/ Resulting Company 1) upon Demerger. Accordingly, the Board has considered and approved the draft Scheme, Valuation report and Fairness opinion.
Further, in pursuance to the above change, net worth of Rs. 541.77 crores is being transferred and vested with ARL pursuant to the scheme of amalgamation.
Besides this, the Promoters of the Company on July 27, 2016 has acquired 97,145 (Ninety Seven Thousand One Hundred Forty Five) shares of the Company and accordingly the promoters % shareholding has increased by 0.03%. |
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