Mahindra Ugine steel

Scheme of Amalgamation of Mahindra Ugine Steel Company Ltd. (Scrip Code 504823)

Content

SUB. : - Scheme of Amalgamation of Mahindra Ugine Steel CompanyLtd. (Scrip Code 504823)   Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation of Mahindra Ugine Steel Company Limited (MUSCO) with Mahindra CIE Automotive Ltd as approved by the Hon’ble High Court of Judicature at Bombay, Mahindra CIE Automotive Ltdhas fixed a Record Date to determine the entitlement of shareholders of MUSCO to the equity shares of Mahindra CIE Automotive Ltd   Trading Members are advised not to deal in the equity shares of MUSCO with effect from the under mentioned date.   COMPANY NAME  CODE RECORD DATE PURPOSE NO DEALINGS FROM Mahindra Ugine Steel Company Limited (MUSCO) (504823) 24/12/2014   The Scheme of Amalgamation: -   Amalgamation of MUSCO with Mahindra CIE Automotive Ltd   Upon the Scheme becoming effective and upon the transfer and vesting of MUSCO in Mahindra CIE Automotive Ltd, Mahindra CIE Automotive Ltd shall issue and allot shares to all the shareholders of MUSCO in the following share exchange ratio:   284 (TWO HUNDRED AND EIGHTY FOUR) 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 MUSCO 23/12/2014 DR-179/2014-2015   Trading Members of the Exchange are requested to take note of it.

Print this post