Mahindra Composites

Scheme of Amalgamation of Mahindra Composites Ltd (Scrip Code: 524138)

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SUB. : - Scheme of Amalgamation of Mahindra Composites Ltd (Scrip Code: 524138)   Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation of Mahindra Composites Ltd (MCL) with Mahindra CIE Automotive Ltd as approved by the Hon’ble High Court of Judicature at Bombay, Mahindra CIE Automotive Ltd has fixed a Record Date to determine the entitlement of shareholders of MCL to the equity shares of Mahindra CIE Automotive Ltd   Trading Members are advised not to deal in the equity shares of MCL with effect from the under mentioned date.   COMPANY NAME  CODE RECORD DATE PURPOSE NO DEALINGS FROM Mahindra Composites Ltd (MCL) (524138) 24/12/2014   The Scheme of Amalgamation: -   Amalgamation of MCL with Mahindra CIE Automotive Ltd   Upon the Scheme becoming effective and  upon the transfer and vesting of MCL in Mahindra CIE Automotive Ltd, Mahindra CIE Automotive Ltd shall issue and allot shares to all the shareholders of MCL in the following share exchange ratio:   90 (NINETY) equity shares of Rs. 10/-  each credited as fully paid up of Mahindra CIE Automotive Ltd. for every 100 (HUNDRED)  fully paid up equity shares of Rs. 10/- each held in MCL 23/12/2014 DR-179/2014-2015   Trading Members of the Exchange are requested to take note of it.

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