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Exchange Disseminated Time | Genus Power Infrastructures Ltd has informed BSE that the Restructuring Committee (the "Committee") of Genus Power Infrastructures Limited (GPIL) ("Company") has fixed January 11, 2014 as the record date for determining the shareholders of the Company who would be eligible to receive shares of Genus Paper & Boards Limited (GPBL).
As per the Scheme, the shareholders of the Company will be allotted 1 equity share of Re. 1/- each in GPBL for every 1 equity share of Re. 1/- each of GPIL. Also, the members of the Company will continue to hold equity share(s) of face-value of Re. 1/ each in the Company.
As per the Scheme, the equity shares allotted as above shall be listed and/ or admitted to trading on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). |
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