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Home  >  Market  >  Corp Announcements  >  Mergers
Mergers
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VTL Investments Ltd [10-Aug-19]
Vardhman Acrylics Limited has informed the Exchange,the board of directors of Vardhman Acrylics Limited (??Company??), at its meeting held on August 9, 2019, considered and approved the scheme of arrangement amongst VMT Spinning Company Limited (??Transferor Company 1??), VTL Investments Limited (??Transferor Company 2??), Vardhman Nisshinbo Garments Company Limited (??Transferor Company 3??), the Company (collectively referred to as the, ??Transferor Companies??), and Vardhman Textiles Limited (??Transferee Company??) and their respective shareholders and creditors, in relation to the merger of the Transferor Companies, including the Company, with and into the Transferee Company (??Scheme??).The Scheme is subject to the necessary approvals from the board of directors of the Transferee Company, the shareholders and creditors of the Transferor Companies and the Transferee Company and other statutory and regulatory approvals under applicable laws, including the approval from the National Company Law Tribunal, Chandigarh Bench (??NCLT??) and approvals from the BSE Limited, the National Stock Exchange of India Limited and the SEBI in accordance with the Listing Regulations and SEBI circular number CFD/DIL3/CIR/2017/21 dated March 10, 2017, read with the SEBI circular number CFD/DIL3/CIR/2017/26 dated March 23, 2017, the SEBI circular number CFD/DIL3/CIR/2017/105 dated September 21, 2017 and the SEBI circular number CFD/DIL3/CIR/2018/2 dated January 3, 2018.
VMT Spinning Company Ltd [10-Aug-19]
Vardhman Acrylics Limited has informed the Exchange,the board of directors of Vardhman Acrylics Limited (??Company??), at its meeting held on August 9, 2019, considered and approved the scheme of arrangement amongst VMT Spinning Company Limited (??Transferor Company 1??), VTL Investments Limited (??Transferor Company 2??), Vardhman Nisshinbo Garments Company Limited (??Transferor Company 3??), the Company (collectively referred to as the, ??Transferor Companies??), and Vardhman Textiles Limited (??Transferee Company??) and their respective shareholders and creditors, in relation to the merger of the Transferor Companies, including the Company, with and into the Transferee Company (??Scheme??).The Scheme is subject to the necessary approvals from the board of directors of the Transferee Company, the shareholders and creditors of the Transferor Companies and the Transferee Company and other statutory and regulatory approvals under applicable laws, including the approval from the National Company Law Tribunal, Chandigarh Bench (??NCLT??) and approvals from the BSE Limited, the National Stock Exchange of India Limited and the SEBI in accordance with the Listing Regulations and SEBI circular number CFD/DIL3/CIR/2017/21 dated March 10, 2017, read with the SEBI circular number CFD/DIL3/CIR/2017/26 dated March 23, 2017, the SEBI circular number CFD/DIL3/CIR/2017/105 dated September 21, 2017 and the SEBI circular number CFD/DIL3/CIR/2018/2 dated January 3, 2018.
Vardhman Textiles Ltd [10-Aug-19]
Vardhman Acrylics Limited has informed the Exchange,the board of directors of Vardhman Acrylics Limited (??Company??), at its meeting held on August 9, 2019, considered and approved the scheme of arrangement amongst VMT Spinning Company Limited (??Transferor Company 1??), VTL Investments Limited (??Transferor Company 2??), Vardhman Nisshinbo Garments Company Limited (??Transferor Company 3??), the Company (collectively referred to as the, ??Transferor Companies??), and Vardhman Textiles Limited (??Transferee Company??) and their respective shareholders and creditors, in relation to the merger of the Transferor Companies, including the Company, with and into the Transferee Company (??Scheme??).The Scheme is subject to the necessary approvals from the board of directors of the Transferee Company, the shareholders and creditors of the Transferor Companies and the Transferee Company and other statutory and regulatory approvals under applicable laws, including the approval from the National Company Law Tribunal, Chandigarh Bench (??NCLT??) and approvals from the BSE Limited, the National Stock Exchange of India Limited and the SEBI in accordance with the Listing Regulations and SEBI circular number CFD/DIL3/CIR/2017/21 dated March 10, 2017, read with the SEBI circular number CFD/DIL3/CIR/2017/26 dated March 23, 2017, the SEBI circular number CFD/DIL3/CIR/2017/105 dated September 21, 2017 and the SEBI circular number CFD/DIL3/CIR/2018/2 dated January 3, 2018.
Vardhman Nisshinbo Garments Co Ltd [10-Aug-19]
Vardhman Acrylics Limited has informed the Exchange,the board of directors of Vardhman Acrylics Limited (??Company??), at its meeting held on August 9, 2019, considered and approved the scheme of arrangement amongst VMT Spinning Company Limited (??Transferor Company 1??), VTL Investments Limited (??Transferor Company 2??), Vardhman Nisshinbo Garments Company Limited (??Transferor Company 3??), the Company (collectively referred to as the, ??Transferor Companies??), and Vardhman Textiles Limited (??Transferee Company??) and their respective shareholders and creditors, in relation to the merger of the Transferor Companies, including the Company, with and into the Transferee Company (??Scheme??).The Scheme is subject to the necessary approvals from the board of directors of the Transferee Company, the shareholders and creditors of the Transferor Companies and the Transferee Company and other statutory and regulatory approvals under applicable laws, including the approval from the National Company Law Tribunal, Chandigarh Bench (??NCLT??) and approvals from the BSE Limited, the National Stock Exchange of India Limited and the SEBI in accordance with the Listing Regulations and SEBI circular number CFD/DIL3/CIR/2017/21 dated March 10, 2017, read with the SEBI circular number CFD/DIL3/CIR/2017/26 dated March 23, 2017, the SEBI circular number CFD/DIL3/CIR/2017/105 dated September 21, 2017 and the SEBI circular number CFD/DIL3/CIR/2018/2 dated January 3, 2018.
Vardhman Acrylics Ltd [10-Aug-19]
Vardhman Acrylics Limited has informed the Exchange,the board of directors of Vardhman Acrylics Limited (??Company??), at its meeting held on August 9, 2019, considered and approved the scheme of arrangement amongst VMT Spinning Company Limited (??Transferor Company 1??), VTL Investments Limited (??Transferor Company 2??), Vardhman Nisshinbo Garments Company Limited (??Transferor Company 3??), the Company (collectively referred to as the, ??Transferor Companies??), and Vardhman Textiles Limited (??Transferee Company??) and their respective shareholders and creditors, in relation to the merger of the Transferor Companies, including the Company, with and into the Transferee Company (??Scheme??).The Scheme is subject to the necessary approvals from the board of directors of the Transferee Company, the shareholders and creditors of the Transferor Companies and the Transferee Company and other statutory and regulatory approvals under applicable laws, including the approval from the National Company Law Tribunal, Chandigarh Bench (??NCLT??) and approvals from the BSE Limited, the National Stock Exchange of India Limited and the SEBI in accordance with the Listing Regulations and SEBI circular number CFD/DIL3/CIR/2017/21 dated March 10, 2017, read with the SEBI circular number CFD/DIL3/CIR/2017/26 dated March 23, 2017, the SEBI circular number CFD/DIL3/CIR/2017/105 dated September 21, 2017 and the SEBI circular number CFD/DIL3/CIR/2018/2 dated January 3, 2018.
Maharashtra Seamless Ltd [07-Aug-19]
Approved the fresh Scheme of Amalgamation between Jindal Premium Connections Private Limited and Maharashtra Seamless Finance Limited, wholly owned subsidiaries of the Company with the Company i.e. Maharashtra Seamless Limited. The approval has been granted subject to the approval of the Hon''ble National Company Law Tribunal at Mumbai, the approval of the shareholders and such other approvals as may be required. The appointed date for the aforesaid Scheme is fixed as April 1, 2019. Approved the fresh Scheme of Amalgamation between Jindal Premium Connections Private Limited and Maharashtra Seamless Finance Limited, wholly owned subsidiaries of the Company with the Company i.e. Maharashtra Seamless Limited. The approval has been granted subject to the approval of the Hon''ble National Company Law Tribunal at Mumbai, the approval of the shareholders and such other approvals as may be required. The appointed date for the aforesaid Scheme is fixed as April 1, 2019.
Goodluck India Ltd [31-Jul-19]
This is to inform you that the Board of Directors of the Company in its meeting held today, July 31, 2019 which commenced at 11.00 A.M. and concluded at 11.30 A.M, interalia, has considered and approved the Draft Scheme of Amalgamation of M/s. Swachh Industries Limited with GoodLuck India Limited. The Transferor Company - M/s. Swachh Industries Limited is a wholly owned subsidiary of GoodLuck India Limited and upon amalgamation no shares would be issued.
Repro India Ltd [30-Jul-19]
Dear Sir / Madam, The Board of Directors of the Company at their meeting held today i.e. July 30, 2019 has considered and approved the following matters: 1. Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2019 pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. 2. Scheme of Arrangement between Repro Books Limited (formerly known as Repro Knowledgecast Limited) ('Transferor Company') wholly owned Subsidiary Company of Repro India Limited ('Transferee Company'). We are enclosing herewith the detailed information pursuant to Scheme of Arrangement between Repro Books Limited (wholly owned subsidiary of RIL) and Repro India Ltd. in Annexure A. Also, please find enclosed Un-Audited Financial Results and Limited Review Report pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015 together with Press Release. The meeting of the Board commenced at 11.15 a.m. and concluded at 2.10 p.m.
Strides Pharma Science Ltd [29-Jul-19]
The Board of Directors of the Company in its meeting held today have approved the Scheme of Amalgamation ('Scheme') for merger of Arrow Remedies Private Limited ('Arrow Remedies'), Fagris Medica Private Limited ('Fagris Medica') and Strides Emerging Markets Limited ('SEML') with the Company, pursuant to Sections 230 to 232 of the Companies Act, 2013. Arrow Remedies, Fagris Medica and SEML are, direct or indirect, wholly-owned subsidiaries of the Company. The Scheme is subject to necessary statutory and regulatory approvals including the approvals of National Company Law Tribunal, the shareholders and creditors of each of the companies. The disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with relevant circulars is enclosed as Annexure A to this intimation.
Impact Automotive Solutions Ltd [26-Jul-19]
We wish to inform you that the Board of Directors of the Company, at its meeting concluded today, inter alia, has approved the following: - Approval of proposal for the merger of Impact Automotive Solutions Limited ('Impact Automotive' or ''Transferor Company''), a wholly owned subsidiary of the Company, with KPIT Technologies Limited (''Transferee Company'' or ''the Company'') as per the terms and conditions mentioned in the Scheme of Merger (''Scheme'') placed before the Board.
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