Trading Members of the Exchange are hereby informed that, pursuant to the Composite Scheme of Arrangement for Demerger and Amalgamation as approved by the Hon'ble National Company Law Tribunal, Chandigarh Bench, JHS SVENDGAARD LABORATORIES LTD, has fixed Record Date for the purpose of Demerger and for 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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JHS SVENDGAARD LABORATORIES LTD.
(532771)
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11/09/2023
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As per Scheme of Arrangement for Demerger and Amalgamation as approved by the Hon'ble National Company Law Tribunal, Chandigarh Bench, inter alia, between, JHS SVENDGAARD LABORATORIES LTD. (Demerged Company) and JHS SVENDGAARD Retail Ventures Private Limited (Resulting Company) and Their Respective Shareholders and Creditors;
Demerger of Retail Investment Division :
In consideration of Demerger of Retail Investment Division of JHS Svendgaard Laboratories Limited (Demerged Company) into JHS Retail Ventures Private Limited (Resulting Company) -
JHS SVENDGAARD Retail Ventures Private Limited shall issue and allot Equity Shares to the eligible Shareholders of JHS SVENDGAARD LABORATORIES LTD, in the following proportion:-
“1 (One) Fully Paid-Up Equity Share of Rs.10/- each of JHS SVENDGAARD Retail Ventures Private Limited shall be issued and alloted for every 10 (Ten) Fully Paid-Ip Equity Share of Rs.10/- each held in JHS SVENDGAARD LABORATORIES LTD.”
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11/09/2023
DR-611/2023-2024
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Note:
(1) 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 continue to remain in 'T’ group till further Notice. and
(2) 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 (Special Pre- open Session (SPOS)) on 11th September, 2023. For further information on SPOS, the trading members are requested to refer to the Exchanges notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session.
Subject to compliance with requisite formalities, the Equity Shares of the Resulting Company i.e. JHS SVENDGAARD Retail Ventures Private Limited will be listed on BSE Limited.
Marian Dsouza
Senior Manager –Listing Operations (CRD)
September 08, 2023 |