Record date is 28 January 2016
Max India has fixed 28 January 2016 as the Record Date to determine entitlement of members of the Company to equity shares of Resulting Companies.Every member of Max India ("Demerged Company") as on the Record Date would be entitled to receive fully paid equity shares of Resulting Companies in the following manner:
- One equity share of Rs. 2/- each of Resulting Company 1 (i.e. Taurus Ventures) for every one equity share of Rs. 2/- each; and
- One equity share of Rs. 10/- each of Resulting Company 2 (i.e. Capricorn Ventures) for every five equity shares of Rs. 2/- each.
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