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Welspun Projects fixes record date for scheme of amalgamation

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Capital Market

Record date is 05 June 2015

Welspun Projects has fixed Record Date as 05 June 2015 for the purpose determining the list of the shareholders (including the GDR holders) of Welspun Enterprises to whom the new equity shares ('new equity share") of Welspun Projects will be allotted in the following ratio; - Every equity shareholder of Welspun Enterprises holding 1(one) equity shares in Welspun Enterprises of Rs. 10 each fully paid up as of the Record Date shall be entitled to be 12 (Twelve) shares of face value Rs. 10 each, issued at par, credited as fully paid up, of Welspun Projects.

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First Published: May 18 2015 | 3:52 PM IST

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