Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (Demerger) between RDB Realty & Infrastructure Ltd (Demerged Company) and RDB Real Estate Constructions Ltd (Resulting Company) as approved by the Hon'ble National Company Law Tribunal, KOLKATA Bench, RDB REALTY & INFRASTRUCTURE 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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RDB REALTY & INFRASTRUCTURE LTD
(533285)
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21/08/2024
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As per the Scheme of Arrangement (for Demerger) as approved by the Hon'ble National Company Law Tribunal, Kolkata Bench, between, RDB REALTY & INFRASTRUCTURE LTD (the Demerged Company) and RDB Real Estate Constructions Ltd (the Resulting Company) and their Respective Shareholders and Creditors;
The Scheme provides for Demerger of Realty Business Undertaking of RDB REALTY & INFRASTRUCTURE LTD, (Demerged Company) INTO RDB Real Estate Constructions Ltd (Resulting Company) ;
Upon the Scheme becoming effective and In consideration of the Demerger RDB Real Estate Constructions Ltd shall issue and allot Equity Shares to the shareholders of RDB REALTY & INFRASTRUCTURE LTD in the following proportion:-
"1 (One) Fully Paid-Up Equity Share of INR l0/- each of RDB Real Estate Constructions Ltd, for every 1 (One) Fully Paid-Up Equity Share of INR 10/- each held in RDB REALTY & INFRASTRUCTURE LTD’’
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21/08/2024
DR-698/2024-2025
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Note:
(1) Trading members are hereby informed that the Trading in the Equity Shares of RDB REALTY & INFRASTRUCTURE LTD 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, RDB REALTY & INFRASTRUCTURE LTD shall be a part of Call Auction in Pre-open Session (Special Pre- open Session (SPOS)) on 21st August, 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 shares of Resulting company i.e. RDB Real Estate Constructions Ltd, will be listed on BSE Limited
Marian Dsouza
Senior Manager –Listing Operations (CRD)
August 19, 2024 |