Pudumjee Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 17, 2015, has considered and approved a Scheme of Arrangement between the Company, Pudumjee Pulp & Paper Mills Limited, Pudumjee Hygiene Products Limited and Pudumjee Paper Products Limited and their respective shareholders and creditors. The Scheme, inter alia, envisages demerger of the paper manufacturing business of the Company, with all its assets and liabilities, into Pudumjee Paper Products Limited. The scheme shall be subject to approvals by Stock Exchanges, SEBI, Shareholders, Creditors and any other regulatory authorities as applicable and sanction of the High Court of Bombay. Shareholders of the Company shall receive 9 equity shares of Pudumjee Paper Products Limited of Rs. l each for every 20 equity shares of Rs. 2 each held in the Company on the Record Date. As part of the scheme, Pudumjee Paper Products Limited shall also seek listing on the stock exchanges. Pudumjee Industries Ltd has informed BSE that in accordance with the directions of the Hon'ble High Court of Bombay, the Court Convened Meeting of the Secured Creditors of the Company, as scheduled, was held and concluded on July 15, 2015. Scheme of Arrangement and Reconstruction(Demerger) between Pudumjae Pulp & Paper Mills Limited and Pudumjee Industries Limited and Pudumjee Hygiene Products Limited and Pudumjee Paper Products Limited and their respective shareholders and Creditors. (As per BSE Announcement dated on 16.07.2015) Pudumjee Industries Ltd has submitted to BSE a copy of Proceedings of Court Convened Meetings (Bombay High Court) of the Secured Creditors and Equity Shareholders of the Company held on July 15, 2015 and July 20, 2015 respectively. (As Per BSE Announcement Dated on 14/08/2015) Pudumjee Industries Ltd has informed BSE that the Hon'ble Bombay High Court has sanctioned the Scheme of Arrangement and Reconstruction (Demerger) between Pudumjee Industries Limited, Pudumjee Pulp & Paper Mills Limited, Pudumjee Hygiene Products Limited and Pudumjee Paper Products Limited and their respective Shareholders and Creditors ('Scheme') on January 08, 2016. (As Per BSE Announcement Date on 09.01.2016) With reference to the Order of the Hon'ble Bombay High Court approving the Scheme of Arrangement and Reconstruction (Demerger) under Sections 391 to 394 of the Companies Act, 1956, Pudumjee Pulp & Paper Mills Ltd has now informed BSE that the Scheme of Arrangement and Reconstruction (Demerger) between Pudumjee Pulp & Paper Mills Limited, Pudumjee Industries Limited, Pudumjee Hygiene Products Limited and Pudumjee Paper Products Limited and their respective Shareholders and Creditors ('Scheme') has become effective on February 01, 2016. (As Per BSE Announcement Dated on 01.02.2016) With reference to the Order of the Hon'ble Bombay High Court approving the Scheme of Arrangement and Reconstruction (Demerger) under Sections 391 to 394 of the Companies Act, 1956, Pudumjee Industries Ltd has now informed BSE that the Scheme of Arrangement and Reconstruction (Demerger) between Pudumjee Pulp & Paper Mills Limited, Pudumjee Industries Limited, Pudumjee Hygiene Products Limited and Pudumjee Paper Products Limited and their respective Shareholders and Creditors ('Scheme') has become effective on February 01, 2016. (As Per BSE Announcement Dated on 01.02.2016) SUB. :- Scheme of Arrangement of Pudumjee Industries Ltd. (Scrip Code 516092) Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (Demerger) approved by the Hon'ble High Court of Judicature at Bombay, Pudumjee Industries Ltd., has fixed the Record Date for the purpose of determining entitlement of the shareholders of the Company as per details given below: COMPANY NAME CODE Pudumjee Industries Ltd. (516092) RECORD DATE 12/02/2016 PURPOSE As per Scheme of Arrangement sanctioned by the Hon'ble High Court of Judicature at Bombay, between, Pudumjee Pulp & Paper Mills Limited and Pudumjee Industries Ltd and Pudumjee Hygiene Products Ltd. and Pudumjee Paper Products Limited : - Upon the Scheme becoming effective and in consideration of the demerger and transfer of the paper manufacturing business of Pudumjee Industries Ltd. into Pudumjee Paper Products Ltd., shall issue and allot shares credited as fully paid-up to the shareholders of Pudumjee Industries Ltd. in the following proportion: '9 (NINE) fully paid up equity shares of Re. 1/- of Pudumjee Paper Products Ltd. shall be issued and allotted for every 20 (TWENTY) fully paid up equity shares of Rs.2/- each held in Pudumjee Industries Ltd' EX-ENTITLEMENT FROM DATE & SETT. NO. 11/02/2016 DR-217/2015- 2016 Note: Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated September 2, 2010, Trading members are hereby informed that the trading in the equity shares of the aforesaid company shall be transferred from B' group to T' group w.e.f. February 11, 2016 and 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 on February 11, 2016. Subject to compliance with requisite formalities the resulting company i.e. Pudumjee Paper Products Ltd. will be listed on BSE Limited. (As Per BSE Notice Dated on 05.02.2016) Pudumjee Industries Ltd has informed BSE that as informed earlier the Scheme of Arrangement and Reconstruction (Demerger) between Pudumjee Pulp & Paper Mills Limited, Pudumjee Industries Limited, Pudumjee Hygiene Products Limited and Pudumjee Paper Products Limited and their respective Shareholders and Creditors ('Scheme') has been sanctioned by the Hon'ble High Court of Bombay by its order dated January 08, 2016. Consequently the erstwhile Paper manufacturing business of the Company stands vested with Pudumjee Paper Products Limited (PPPL) with effect from the Appointed Date, i.e. April 01, 2014. The sanctioned Scheme, having been filed with the Registrar of Companies, Pune has become effective from February 01, 2016. In terms of the aforesaid Scheme PPPL will issue and allot to the Shareholders of the Company 9 Equity Share of Re. 1 each fully paid for every 20 Equity Shares held in the Company on February 12, 2016, the record date fixed by the Company and the same shares shall be listed on the Stock Exchanges in due course. The Company had published its unaudited financial results for the quarter / nine months ended December 31, 2015 excluding the results of the erstwhile paper manufacturing business of the Company. (As per BSE Announcement dated on 10.02.2016) This is to inform you that pursuant to the demerger of paper manufacturing business of the Company into Pudumjee Paper Products Ltd. with effect from 1st April, 2014 (Appointed Date) and after taking into account, the business structure and income pattern of the Company as on 31st March, 2016 and 31st March, 2017 to date, the Board of Directors of the Company, in their Meeting held today, have noted that the Company may be deemed to be a 'Core Investment Company' within the meaning of Core Investment Companies (Reserve Bank) Directions, 2016 (As Per BSE Announcement Dated on 11.08.2017)