Balkrishna Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2016, inter alia, took the following decisions: - The Board has also approved a proposal of Amalgamation of its wholly owned subsidiary Company M/s. BKT Exim ltd. in to it. The Board has autotomized some Directors/officers of the Company to obtain required professional advice in relation to the proposed Amalgamation, to take all necessary steps in relation thereto and prepare and present a draft scheme of Amalgamation and all related documents for the consideration of and approval by the Board at a later date. Balkrishna Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 18, 2016, inter alia, took following decisions : 1. Balkrishna Industries Limited had informed BSE that the Company at its meeting of Board of Directors held on February 13, 2016 approved a proposal of amalgamation of its wholly owned subsidiary company viz M/s. BKT Exim Limited in to itself. In relation to tie same, the Company had authorised some Directors / officers of the Company to obtain professional advice for the same. The Board of Directors of the Company, on May 18, 2016, have approved the Scheme of Amalgamation of its wholly owned subsidiary company M/s. BKT Exim Limited ('Transferor Company') in to itself under sections 391 to 394 and any other applicable provisions of the Companies Act, 1956 and Companies Act, 2013, to the extent notified and applicable ('the Scheme'). The Appointed Date for the amalgamation shall be April 01, 2015. As per the Scheme, no shares are proposed to be issued pursuant to the aforesaid amalgamation, since the Transferor Company Ls a wholly-owned subsidiary of the Company. The Scheme is subject to requisite consent of the Hon'ble High Court of Judicature at Bombay, the permission or approval of the Stock Exchanges or any other statutory or regulatory authorities or institution(s), which by law may be necessary for the implementation of the Scheme. The Company has appointed BSE Limited as the Designated Stock Exchange for the purpose of coordinating with SEBI with regards to the Scheme. The meeting of the Board of Directors commenced at 5:00 p.m. and concluded at 6: 50 p.m. (As per BSE Announcement dated on 18.05.2016) Outcome of Board Meeting held on Wednesday, the 14th February, 2018 (As Per BSE Announcement Dated on 14.02.2018) Scheme of Amalgamation of BKT Exim Limited ('the Transferor Company') with Balkrishna Industries Limited ('the Transferee Company') and their respective shareholders ('Scheme') pursuant to the provisions of section 230 to 232 of the Companies Act, 2013 (As Per BSE Announcement Dated On 21/02/2018)