Tuesday, August 20, 2013

Sterlite Industries

SUB. : - Scheme of Amalgamation of Sterlite Industries (India) Ltd. (Scrip Code 500900)

Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation of Sterlite Industries (India) Ltd with Sesa Goa Ltd., as approved by the Hon’ble High Courts. Sesa Goa Ltd. has fixed a Record Date to determine the entitlement of shareholders of Sterlite Industries (India) Ltd to the equity shares of Sesa Goa Ltd.

Trading Members are advised not to deal in the equity shares of Sterlite Industries (India) Ltd. with effect from the under mentioned date.

COMPANY NAME 
CODE
RECORD DATE
PURPOSE
NO DEALINGS FROM
Sterlite Industries (India) Ltd.
(400900, 500900, 600900)
28/08/2013

The Scheme of Amalgamation: -

Amalgamation of Sterlite Industries (India) Ltd. with Sesa Goa Ltd.

Upon the Scheme coming into effect and upon vesting of  Undertaking of Sterlite Industries (India) Ltd. into Sesa Goa Ltd., Sesa Goa Ltd shall issue and allot shares to all the shareholders of Sterlite Industries (India) Ltd in the following share exchange ratio:

Every equity shareholder of  Sterlite Industries (India) Ltd. holding  5 (FIVE) equity shares in Sterlite Industries (India) Ltd. of Re. 1/- fully paid up shall be entitled to be issued 3 (THREE) equityshares of Re. 1/- each at par, credited as fully paid up, of Sesa Goa Ltd.
27/08/2013
DR-105/2013-2014

Trading Members of the Exchange are requested to take note of it.

 


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