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EID Parry (India) fixes record date for scheme of amalgamation

Capital Market 

Record date is 26 May 2017

The Board of Directors of (India) have fixed 26 May 2017 as the Record Date for scheme of amalgamation. In accordance with Clause 11.1 of the Scheme, all shareholders whose names appear in the register of members of Parrys Sugar Industries as on the Record Date, i.e. 26 May 2017 will be allotted 2 Equity Shares of Re. 1/- each fully paid up in (India) for every 13 Equity Shares of Rs. 10 each fully paid-up held by them in the capital of the Parrys Sugar Industries. All the Equity Shares which (India) holds in Parrys Sugar Industries shall stand cancelled.

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

First Published: Tue, May 16 2017. 19:13 IST