CHESLIND TEXTILES

Scheme of Amalgamation of Cheslind Textiles Ltd.

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SUB. : - Scheme of Amalgamation of Cheslind Textiles Ltd. (Scrip Code 521056). Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation of Cheslind Textiles Limited with RSWM Ltd as approved by the Hon’ble High Court of Judicature at Madras, RSWM Ltd has fixed a Record Date to determine the entitlement of shareholders of Cheslind Textiles Ltd. to the equity shares of RSWM Ltd. Trading Members are advised not to deal in the equity shares of Cheslind Textiles Ltd. with effect from the under mentioned date. COMPANY NAME  CODE RECORD DATE PURPOSE NO DEALINGS FROM Cheslind Textiles Ltd. (521056) 22/05/2015 The Scheme of Amalgamation: - Amalgamation of Cheslind Textiles Ltd. with RSWM Ltd. Upon the Scheme becoming effective, in consideration of transfer and vesting of the Undertaking of Cheslind Textiles Ltd. in RSWM Ltd, RSWM Ltd shall issue and allot shares to all the shareholders of Cheslind Textiles Ltd. in the following share exchange ratio: 1 (ONE) optionally convertible redeemable preference share of Rs. 7.50/- each of RSWM Ltd. for every 1 (ONE) equity share of Rs. 10/-  each held in Cheslind Textiles Ltd. The said preference shares will carry the right and option to apply for conversion of the said preference shares into the equity shares of RSWM Ltd in the ratio of 1 (ONE) equity share of Rs. 10/- each at par of RSWM Ltd. credited as fully paid up for every 22 (TWENTY TWO) optionally convertible redeemable preference share of Rs. 7.50/- each issued and allotted by RSWM Ltd 21/05/2015 DR-035/2015-2016 Trading Members of the Exchange are requested to take note of it.   Abhijit Pai AGM – Listing Compliance (CRD) May 14, 2015

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