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| Exchange Received Time 23/05/2018 19:49:03 Exchange Disseminated Time 23/05/2018 19:49:10 Time Taken 00:00:07 | The Board has, inter alia, considered and approved the draft Scheme for merger of Aethelred Multiventure Private Limited ('AMPL'), Promoter Holding Company, with the Company.
Post effectiveness of the Scheme, the existing equity shares held by AMPL in the Company shall be cancelled and the equity shares to be issued by the Company to the shareholders of AMPL will be listed on BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE'). Further, there would be no increase in the promoter shareholding of the Company. The promoters would continue to hold the same percentage of shares in the Company, pre and post amalgamation.
In terms of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9 September, 2015, we are furnishing herewith the details of the Scheme as Annexure I.
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