Shriram Transport Finance Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 21, 2011, has approved the Scheme of Arrangement ('Scheme') for amalgamation of Shriram Holdings (Madras) Private Limited ('SHMPL') with the Company, subject to the approval of the Hon'ble Madras High Court, and consents and sanctions of other regulatory authorities, shareholders,bankers, creditors and such other parties as may be necessary. On the basis of the Valuation Report issued by Grant Thornton and Fairness Opinion issued by Kotak Mahindra Capital Company Limited, the Board has granted its approval to the share swap ratio of 313:124 i.e. 313 eqty shares of Rupees 10 (ten) each fully paid of the Company to be issued for every 124 equity shares of Rupees 10 (ten) each fully paid up of SHMPL, pursuant to the Scheme. Pursuant to the Scheme, SHMPL's existing investment (ie 9,33,71,512 equity shares) in the Company would be cancelled, and based on the share swap approved, 9,38,72,380 equity shares of the Company would be issued to the shareholders of SHMPL. This would imply additional equity issuance of 5,00,868 equity shares (approximately 0.22% of post issue capital) by the Company, in consideration for additional net assets of SHMPL. Shriram Transport Finance Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2012, inter alia, has: As the Order of the Court, sanctioning the Merger is yet to be filed by Shriram Holdings (Madras) Private Limited (SHMPL) and the Company with Registrar of Companies, TamiI Nadu, the Financial affects of the merger have not been given effect to in the financial results (As Per BSE Announcement Dated on 30.10.2012) Shriram Transport Finance Company Ltd has informed BSE that the Form 21 (notice of the court order) have been field by Shriram Holdings (Madras) Private Limited ('SHMPL') and Shriram Transport Finance Company Limited ('STFC') with Registrar of Companies ('ROC) on November 05, 2012. Accordingly, the 'Effective Date' of the Scheme is November 05, 2012. (As per BSE Announcement Dated on 06.11.2012) Shriram Transport Finance Company Ltd has informed BSE about increase in share capital pursuant to issuance and allotment of shares in terms of the Scheme of Arrangement for merger of Shriram Holdings (Madras) Private Ltd. ('SHMPL') with Shriram Transport Finance Company Ltd. ('STFC') ('Scheme') (As per BSE Announcement Dated on 06.11.2012) This is to inform you that the Company has received show cause notice (SCN) in relation to erstwhile Shriram Holdings (Madras) Private Limited (SHMPL) (which was amalgamated with Shriram Transport Finance Company Limited (STFC) w.e.f April 1, 2012) from Directorate of Enforcement. (As per BSE Announcement Dated on 15.04.2019)