Apar Industries Ltd has informed BSE that the members of the Company have passed the resolution by way of postal ballot. To approve the proposed Scheme of Amalgamation of Apar Lubricants Limited ('ALL or 'Transferor Company') with Apar Industries Limited ('AIL' or 'Company' or 'Transferee Company') ('Scheme of Amalgamation') 'RESOLVED THAT pursuant to the provisions of Sections 391 to 394 of the Companies Act, 1956 and/or under the corresponding provisions; of the Companies Act, 2013, the rules, circulars and notifications there under, (including any statutory modification or re-enactment thereof) as may be applicable, the Securities and Exchange Board of India Circulars bearing Nos. CIR/CFD/DIL/5/2013 dated 4th February, 2013 and CIR/CFD/DIL/ 8/2013 dated 21st May, 2013, the Observation Letters dated 19th May, 2015 issued by the National Stock Exchange of India Limited (NSE) and dated 20th May, 2015 issued by BSE Limited (BSE) and relevant applicable provisions of law and subject to the approval of the High Court of Judicature at Ahmedabad, the arrangement as embodied in the proposed Scheme of Arrangement in the nature; of Amalgamation of Apar Lubricants Limited ('ALL' or 'Wholly Owned Subsidiary' or 'WOS' or 'Transferor Company') which is a wholly owned subsidiary Company of Apar Industries Limited with Apar Industries Limited ('AIL' or 'Company' or Holding Company or 'Transferee Company') and their respective shareholders and creditors ('Scheme of Amalgamation') be and is hereby approved with / without modifications and / or conditions, if any, as may be carried out by the Hon'ble High Court of Judicature at Ahmedabad or by any other authorities under the applicable law. Apar Industries Ltd has informed BSE regarding Scheme of Amalgamation of Apar Lubricants Limited with Apar Industries Limited. (As Per BSE Announcement Dated on 23.10.2015) With reference to the earlier letter dated November 10, 2015,vide which the Company had forwarded the Certified True Copy of the detailed Order along with the copy of approved Scheme of Amalgamation received from Hon'ble High Court of Gujarat sanctioning the Scheme of Amalgamation of Apar Lubricants Limited (ALL) (Wholly-owned Subsidiary-WOS) of the Company with Apar Industries Limited (AIL) w.e.f. January 01, 2015 (being the Appointed Date). In this connection, Apar Industries Ltd has now informed BSE that in terms of Clause 14 of the Scheme and as approved by the Hon'ble High Court, the entire Authorised Share Capital of ALL of 1,00,00,000 Equity Shares of Rs. 10/- each aggregating to Rs. 10,00,00,000/- has been added to the Authorised Share Capital of Apar Industries Limited (AIL). Accordingly, the Authorised Share Capital of Apar Industries Limited now stands at Rs. 1,019,987,500/- divided into 101,998,750 Equity Shares of Rs. 10/- each. (As per BSE Announcement dated on 15.1.2016)