Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement as approved by the Hon'ble National Company Law Tribunal, AHMEDABAD Division Bench, VIKRAM THERMO (INDIA) 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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VIKRAM THERMO (INDIA) LTD.
(530477)
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21/05/2024
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As per Scheme of Arrangement as sanctioned by the Hon'ble National Company Law Tribunal, AHMEDABAD Division Bench inter alia, between, VIKRAM THERMO (INDIA) LTD (Demerged Company) and Vikram Aroma Limited. (Resulting Company) and Their Respective Shareholders and Creditors;
Demerger of Transferred Business, which includes Manufacture of Aromatic Chemical, Diphenyl oxide (used as perfumery stabliiser and for manufacture of Heat Transfer Fluid) ;
The Scheme inter alia provides for the Demerger, transfer and vesting of the Transferred Business from Vikram Thermo (India) Limited (Demerged Company) INTO the Vikram Aroma Limited (Resulting Company);
In consideration of the Demerger, Vikram Aroma Limited shall issue and allot At Par the Equity Shares of Rs.10/- each credited as fully Paid-Up to the Members of Vikram Thermo (India) Limited in the following proportion:
"For every 10 (ten) Equity Shares of Rs. 10/ - each held in Vikram Thermo (India) Limited 1 (One) Equity Share of Rs.10/- each of Vikram Aroma Limited to be issued"
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21/05/2024
DR-635/2024-2025
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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 be transferred from ‘X’ group to ‘XT’ group w.e.f. 21st May, 2024, 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 21st May 2024. 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. Vikram Aroma Limited. will be listed on BSE Limited.
Marian Dsouza
Senior Manager –Listing Operations (CRD)
May 16, 2024 |