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Dishman Carbogen Amcis fixes record date for scheme of amalgamation

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Record date is 31 May 2017

The Management Committee of Board of Directors of amalgamated entity i.e. Dishman Carbogen Amcis ('DCAL') [formerly known as Carbogen Amcis (India)], in its meeting held on 19 May 2017, has fixed 31 May, 2017 as the Record Date for the purpose of deciding the members who shall be eligible for allotment of equity shares of the amalgamated entity, Dishman Carbogen Amcis to the shareholders of erstwhile Dishman Pharmaceuticals and Chemicals ('DPCL') in the ratio of 1:1 i.e. Share Exchange Ratio [1 (One) fully paid-up Equity Share of Rs.2/- (Rupees Two only) each of DCAL, for every 1 (One) fully paid-up Equity Share of Rs.2/- (Rupees Two only) each held by such shareholder in DPCL], fixed under the Scheme of Arrangement and Amalgamation approved by the Hon'ble High Court of Gujarat.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 16:51 IST