IVRCL Amalgamation
SUB. : - Scheme of Amalgamation of IVRCL Assets & Holdings Ltd. (Scrip Code 532881)
Trading members of the Exchange are hereby informed that, IVRCL Ltd. has fixed a Record Date to determine the entitlement of shareholders of IVRCL Assets & Holdings Ltd., pursuant to the Composite Scheme of Arrangement - Amalgamation of IVRCL Assets & Holdings Ltd. with IVRCL Ltd approved by Hon’ble High Court of Andhra Pradesh at Hyderabad
Trading Members are advised not to deal in the equity shares of IVRCL Assets & Holdings Ltd. with effect from the under mentioned date.
COMPANY NAME
CODE
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RECORD DATE
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PURPOSE
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NO DEALINGS FROM
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IVRCL Assets & Holdings Ltd.
(532881)
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17/08/2012
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Scheme of Amalgamation: -
Demerger of Real Estate Undertaking of IVRCL Assets & Holding Ltd. into Rihim Developers Pvt. Ltd. and Amalgamation of Remaining Undertaking of IVRCL Assets & Holdings Ltd. with IVRCL Ltd.
Upon the coming into effect of this Scheme and in consideration of the merger of Remaining Undertaking of IVRCL Assets & Holdings Ltd into IVRCL Ltd.; IVRCL Ltd. shall issue and allot 5 (FIVE) equity shares of the face value ofRs. 2/- (RUPEES TWO) each as fully paid for every 6 (SIX) equity shares of the face value ofRs. 10/- (RUPEES TEN) each fully paid-up held in IVRCL Assets & Holdings Ltd.
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16/08/2012
DR-098/2012-2013
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Trading Members of the Exchange are requested to take note of it.
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