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Chembond Material Technologies Ltd

Chembond Chemicals Ltd - Scheme of Arrangement

12:00 AM, 13th May 2025

Chembond Chemicals Ltd has informed the Exchange about Update on Composite Scheme of Arrangement regarding Allotment made by the Chembond Chemical Specialties Limited (Resulting Company) of 2,68,96,576 new Equity Shares of face value of Rs. 5/-each to the eligible shareholders of the Chembond Chemicals Limited (Demerged Company), at a Share Entitlement ratio 1:2 (two new equity share for every one share held) as on the Record date, which was Friday, May 9, 2025 and cancellation and reduction of Pre-Scheme Paid-up Share Capital of Resulting Company.