Provisional Apportionment Of Pre-Demerger Cost Of Acquisition For The Purpose Of The Income Tax Act, 1961

• Security Code: 506235
• Company: ALEMBICLTD

For the purpose of determining the Post-demerger cost of acquisition of:
(a)Equity shares of Alembic Limited; and
(b)7% Non-Convertible Cumulative Redeemable Preference Shares of Shreno Limited;
under the Income Tax Act 1961, the shareholders are required to apportion their pre-demerger cost of acquisition of Equity shares of Alembic Limited in the specified ratio, as prescribed under Section 49(2C) & 49(2D) of Income Tax Act 1961.
Based on the Unaudited Reviewed Financial Statements as on 30th September 2018, the Provisional ratio for determining the post-demerger cost of acquisition would be as under:
Name of Company & Security Provisional Deemed Post-demerger Cost of acquisition
Alembic Limited - Equity Shares 98.75%
Shreno Limited - 7% Non-Convertible Cumulative Redeemable Preference Shares 1.25%
Total 100.00%
This communication is for the benefit of the shareholders and the Company takes no express or implied liability in providing this guidance.