Record Date For The Purposes Of Composite Scheme Of Arrangement Among Bharat Financial Inclusion Lim
June 20, 2019, 1:34 pm | Source: BSE
| Download PDF
This is in furtherance of our letter dated June 19 2019 wherein we had intimated that the Board of Directors of BFIL (Board) at its meeting convened on June 19 2019 inter alia considered and noted the order dated June 10 2019 (NCLT Order) vide which the Honble National Company
Law Tribunal Mumbai Bench sanctioned the Scheme and fixed Thursday July 4 20 I 9 as the Effective Date of the Scheme on which date the NCLT Order will be filed by the Bank BFIL and lFIL with the jurisdictional Registrar of Companies.
2. In accordance with Regulation 42(l)(e) of the SEBI LODR Regulations we would like to inform you that the Board of BFIL at its meeting held on June 19 2019 has also fixed Thursday July 4 2019 as the Record Date following the effectiveness of the Scheme for the purposes of determining the shareholders of BFIL who shall be entitled to receive shares of the Bank as consideration pursuant to the Scheme.