Vantage Corporate

Scheme of Arrangement of Vantage Corporate Services Ltd.   Content

SUB. :- Scheme of Arrangement of Vantage Corporate Services  Ltd. (Scrip Code 530109) Trading Members of the Exchange are hereby informed that, Vantage Corporate Services Ltd. has  fixed the Record Date for the purpose of determining entitlement to the shareholders of the Company pursuant to the Scheme of Arrangement (Demerger) of the Company approved by the Hon’ble High Court of Bombay. COMPANY NAME CODE RECORD DATE PURPOSE EX-ENTITLEMENT FROM DATE & SETT. NO. Vantage Corporate Services Ltd. (530109) 11/09/2015 Scheme of Arrangement: - Upon the Scheme becoming effective, Vantage Knowledge Academy Ltd shall in consideration of the demerger and transfer of Education business service undertaking, issue and allot shares credited as fully paid-up to the shareholders of Vantage Corporate Services  Ltd. in the following proportion:   3 (THREE) fully paid up equity shares of Rs.10/- of Vantage Knowledge Academy Ltd. shall be issued and allotted for every 5 (FIVE) fully paid up equity shares of Rs.10/- each held in Vantage Corporate Services Ltd 10/09/2015 DR-115/2015- 2016 Note: Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated September 2, 2010 and SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012; the aforesaid scrip shall be a part of Call Auction in Pre-open Session on Sept 10, 2015. Subject to compliance with requisite formalities the resulting company i.e. Vantage Knowledge Academy Limited will be listed on BSE Limited.

Print this post