The Board of Directors of the Company ('Board') at their meeting held today approved the Scheme of Arrangement between the Company and Indef Manufacturing Limited ('Resulting Company' or 'IML') and their respective shareholders and creditors under Sections 230 to 232 read with Section 52 and other applicable provisions of the Companies Act, 2013 ('Act') ('Scheme') which inter alia, provides for demerger, transfer and vesting of the Demerged Undertaking (as defined in the Scheme) from the Company into the Resulting Company on a going concern basis. We are enclosing herewith copy of NCLT court order pronounced on 19-12-2023 , (passed in the scheme application No. CA(CAA)/181/MB/2023) as received by the Company, in the related to scheme of demerger between Hercules Hoists Limited (Demerged Company) and Indef manufacturing Limited (Resulting Company). (As per BSE Announcement Dated on 22/12/2023) Please find enclosed Intimation of date of hearing in CP(CAA) 78 of 2024 in CA(CAA) 181 of 2023 Newspaper Publication in the matter of scheme of Demerger and Arrangement between Hercules Hoists Limited and Indef Manufacturing Limited and their respective shareholders. (As Per BSE Announcement Dated on 31.05.2024) Please find enclosed the order received from NCLT. (As per BSE Announcement Dated on 07/08/2024) Please find enclosed the revised covering letter. (As Per BSE Announcement Dated on 08.08.2024) Receipt of certified True Copy of the Order of NCLT in the matter of scheme of Demerger amongst Hercules Hoists Limited and Indef Manufacturing Limited. (As per BSE Announcement Dated on 03/09/2024) Record date intimation as per scheme of demerger and NCLT order Further to our letter dated Sep 03, 2024 related to receipt of certified NCLT order, the scheme of arrangement between Hercules Hoists Limited (Demerged Company) and Indef Manufacturing Limited (Resulting Company) is made effective from September 30, 2024 by filing requisite forms with the office of Registrar of Companies Mumbai. This is for your record (As per BSE Announcement Dated on 30/09/2024) Disclosure of the Material Information/Updates about Indef Manufacturing Limited - In the matter of the Scheme of Demerger between Hercules Hoists limited ('Demerged Company' /'Company'/ 'HHL') and Indef Manufacturing Limited ('Resulting Company'/ 'IML') and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Scheme') (As Per BSE Announcement Dated on 01.10.2024) Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (Demerger) as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench, HERCULES HOISTS LTD, has fixed Record Date for the purpose of Demerger and for determining the entitlement of the shareholders of the Company, as per details given below: - COMPANY NAME CODE HERCULES HOISTS LTD. (505720) RECORD DATE 11.10.2024 PURPOSE As per Scheme of Arrangement (Demerger) approved by the Hon'ble National Company Law Tribunal, Mumbai Bench, between, HERCULES HOISTS LTD (the Demerged Company) and IINDEF Manufacturing Limited (the Resulting Company) and their Respective Shareholders and Creditors; The Scheme provides for Demerger of the Manufacturing Business Undertaking of HERCULES HOISTS LTD, (Demerged Company) INTO Indef Manufacturing Limited (Resulting Company) ; Upon the Scheme becoming effective and In consideration of the Demerger as stated above, Indef Manufacturing Limited, shall issue and allot Equity Shares to the shareholders of HERCULES HOISTS LTD in the following proportion:- '1 (One) Fully Paid-Up Equity Share of Re.1/- each (Indian Rupees One) of INDEF Manufacturing Limited shall be issued and allotted to the Shareholders of Hercules Hoists Limited for every 1 (One) Fully Paid-Up Equity share of Re.1/- (Indian Rupees One) each held in the Hercules Hoists Limited' EX-ENTITLEMENT FROM DATE & SETT. NO. 11/10/2024 DR-734/2024-2025 Note: (1) Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading members are hereby informed that the Trading in the Equity Shares of the Hercules Hoists Limited shall be transferred from B' Group to T' Group w.e.f. 11th October, 2024, and (2) Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012, the aforesaid scrip shall be a part of Call Auction in Pre-open Session (Special Pre- open Session (SPOS)) on 11th October, 2024. For further information on SPOS, the trading members are requested to refer to the Exchanges notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session. Subject to compliance with requisite formalities, the Equity Shares of the Resulting Company i.e. Indef Manufacturing Limited will be listed on BSE Limited. (As Per BSE Notice Dated on 04.10.2024) Update on Allotment of fully paid up shares to the shareholders of HHL as on record date October 11, 2024 and cancellation of Original Share capital of Resulting Company as per approved scheme of Demerger (As per BSE Announcement Dated on 14/10/2024) Information about credit of shares of Indef Manufacturing Limited as per the approved scheme of Demerger. (As Per BSE Announcement Dated on 04.11.2024) Indef Manufacturing Limited (Resulting Company) under scheme of demerger received in principal approval from BSE Limited today. Trading Approval will be granted on fulfillment of necessary conditions mentioned in the in-principal approval letter. Listing Application at NSE is still awaited. (As per BSE Announcement dated on 23/12/2024) Please find attached the Update received from Indef Manufacturing Limited about the financials of quarter ended December 31, 2024 and Management Update. (As Per BSE Announcement dated on 10.02.2025)