Decided to amalgammate M/s. Camex Colours Ltd. with the company and appointed CA to work out the ratio and other details.
Camex Intermediates Ltd has informed BSE that Hon'ble High Court of Gujarat, Ahmedabad, vide its order dated July 19, 2006, have approved the Scheme of Amalgamation of Camex Colour Ltd with the Company vide Company Meditation No 184 of 2005 in Company Application No 353 of 2005.
(As per BSE Bulletin dated on 08/08/2006)
Trading members of the Exchange are hereby informed that the under mentioned new securities of Camex Limited (Scrip Code: 524440, ISIN No: INE198C01010) are listed and permitted for trading on the Exchange with effect from Thursday, January 24, 2008.
Securities : 30,00,000* Equity Shares of Rs.10/- each issued to the shareholders of erstwhile Camex Colours Ltd. (CCL) pursuant to the Scheme of Amalgamation of the Company.
Dist. Nos. 3408701 to 6408700
* These shares are ranking pari-passu with the existing equity shares of the company.
Trading members may please note that 42,58,082 equity shares are under lock-in as per details given below:
Number of Details of Date upto which
Shares Dist. Nos. lock in
12,58,082 Demat 30-01-2009
19,35,105 3408701 - 4437600,
4625321 - 4908900,
5113901 - 5294200, 31-01-2009
5492201 - 5640800,
5822501 - 5930525,
6205001 - 6408700
10,64,895 4437601 - 4625320,
4908901 - 5131900,
5294201 - 5492200, 31-01-2011
5640801 - 5822500,
5930526 - 6205000
The brief particulars of the Scheme of Amalgamation are as mentioned below:
a) The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Gujarat vide its Order dated July 19, 2006.
b) Appointed Date: April 01, 2005
c) Effective Date: August 21, 2006
d) Date of Allotment: September 30, 2006
e) Exchange Ratio û For every 1 equity share of Rs.10/- each fully paid-up held in erstwhile CCL, 3 equity shares of Rs.10/- each of the company has been issued.
The company's financial year ends on 31st March.
(As per BSE Notice dated on 23/01/2008) | Powered by Capital Market - Live News |
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