Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement for Demerger as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench, Mumbai, Vakrangee Limited, has fixed Record Date for the purpose of determining the entitlement of the Shareholders of the Company, as per details given below: -
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COMPANY NAME
CODE
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RECORD DATE
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PURPOSE
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EX-ENTITLEMENT FROM
DATE &
SETT. NO.
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Vakrangee Limited,
(511431)
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15/06/2023
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As per Scheme of Arrangement for Demerger as sanctioned by the Hon'ble National Company Law Tribunal, Mumbai Bench, between: Vakrangee Limited (VL), (Demerged Company) and VL E-Governance & IT Solutions limited (“VL E-Gov”) (Resulting Company), and their Respective Shareholders and Creditors: -
Upon the coming into effect of the aforesaid Scheme and in consideration of the transfer and vesting of the E-Governance & IT / ITES Business from Vakrangee Ltd INTO VL E-Governance & IT Solutions limited (“VL E-Gov”);
VL E-Governance & IT Solutions limited shall issue and allot Equity Shares to the Shareholders of Vakrangee Ltd., in the following proportion:-
“1 (one) fully paid-up Equity Share of the Face Value Rs.10/- each of VL E-Governance & IT Solutions Limited to be issued for every 10 (Ten) Equity Shares of the Face Value of Re.1/- each held in Vakrangee Limited”
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15/06/2023
DR-551/2023-2024
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Note:
Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading members are hereby informed that the trading in the Equity Shares of the aforesaid Company shall be transferred from ‘A’ group to ‘T’ group w.e.f. 15th June, 2023, and
Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012; the aforesaid scrip shall be a part of Call Auction in Pre-open Session on 15th June, 2023.
Subject to compliance with requisite formalities, the shares of Resulting companies i.e., VL E-Governance & IT Solutions limited will be listed on BSE Limited.
Marian Dsouza
Senior Manager –Listing Operations (CRD)
June 07, 2023 |