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| NOTICES |
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| Notice No. |
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20230807-40 |
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Notice Date |
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07 Aug 2023 |
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| Category |
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Corporate Actions |
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Segment |
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Equity |
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| Subject |
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Amalgamation of JSW ISPAT SPECIAL PRODUCTS LIMITED (Scrip Code: 513446). |
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| Content |
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Trading members of the Exchange are hereby informed that, pursuant to the Composite Scheme of Arrangement (Amalgamation) between JSW ISPAT SPECIAL PRODUCTS LIMITED (“Transferor Company”) and JSW STEEL LIMITED (“Transferee Company”), as sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench, JSW ISPAT SPECIAL PRODUCTS LIMITED, has fixed Record Date to determine the entitlement of shareholders of JSW ISPAT SPECIAL PRODUCTS LIMITED to Equity Shares of JSW STEEL LIMITED.
Trading Members are advised not to deal in the Equity Shares of JSW ISPAT SPECIAL PRODUCTS LIMITED with effect from the under mentioned date:-
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COMPANY NAME
CODE
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RECORD DATE
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PURPOSE
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NO DEALINGS
FROM
W.E.F.
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JSW ISPAT SPECIAL PRODUCTS LIMITED
(513446)
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10/08/2023
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Scheme of Amalgamation: -
Upon the Scheme becoming effective and in consideration of the Amalgamation of JSW ISPAT SPECIAL PRODUCTS LIMITED INTO JSW STEEL LIMITED;
JSW STEEL LIMITED shall issue and allot Equity Shares to the shareholders of JSW ISPAT SPECIAL PRODUCTS LIMITED in the following share exchange ratio:
“01 (One) Equity Share of JSW STEEL LIMITED having a face value of Re.1/- each to be issued as Fully Paid-Up, for every 21 (Twenty-One) fully paid up Equity Shares of Rs.10/- each held by shareholders of JSW ISPAT SPECIAL PRODUCTS LIMITED (“Share Exchange Ratio”).”
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10/08/2023
DR-590/2022-2023
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Trading Members of the Exchange are requested to take note of it.
Marian Dsouza
Senior Manager – Listing Operations (CRD)
August 07, 2023
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