Lesha Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 19, 2016, inter alia, has considered and approved the following business: 1. Approved revised share exchange ratio in the Scheme of Arrangement between the Company and Ashnisha Alloys Private Limited, pursuant to Bombay Stock Exchange Remarks on the Scheme filed earlier on January 21, 2016. 2. Took on record the valuation report given by Naimesh K. Shah & Go. (Chartered Accountant) dated February 15, 2016 on the above Scheme of Arrangement. Lesha Industries Ltd has submitted to BSE a copy of Rationale for updation in the scheme of arrangement. (As Per BSE Announcement Dated On 12/08/2016) Lesha Industries Ltd has informed BSE regarding Outcome of Court Convened Meeting held on August 22, 2016. To approve the Scheme of Arrangement in Nature of Demerger of Trading and Investment Business of Lesha Industries Limited into Ashnisha Alloys Private Limited. (As Per BSE Announcement Dated On 22/08/2016) The National Company Law Tribunal (NCLT), Ahmedabad Bench has sanctioned the Scheme for Demerger of Trading and Investment Business of Lesha Industries Limited and vesting the same into Ashnisha Industries Limited (Formerly Ashnisha Alloys Private Limited) vide it Order dated May 29, 2017, received on June 1, 2017. (As Per BSE Announcement Dated on 02.06.2017) Record Date intimation for allotment of shares of Ashnisha Industries Limited (Resulting Company) and reduction of shares of Lesha Industries Limited (Demerged Company) pursuant to Scheme of Arrangement in the nature of Demerger of Trading and Investment Business of Lesha Industries Limited into Ashnisha Alloys Private Limited. (As Per BSE Announcement Dated On 04/08/2017) Trading Members of the Exchange are hereby informed that, Lesha Industries Ltd. ('LIL') has informed that it has fixed a Record Date for the purpose of determining the entitlement to the shareholders of the Company pursuant to the Scheme of Arrangement (Demerger and Reduction of Capital) sanctioned by Hon'ble National Company Law Tribunal, Ahmedabad Bench. The details are as follows: COMPANY NAME CODE Lesha Industries Ltd. (533602) RECORD DATE 18/08/2017 PURPOSE As per the Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Bench, between Lesha Industries Ltd ('LIL') and Ashnisha Industries Ltd ('AIL') ( formerly known as Ashnisha Alloys Private Ltd.) : - (1) Demerger: A) Upon the Scheme becoming effective and in consideration of the demerger of Trading and Investment Business of Lesha Industries Ltd., into Ashnisha Industries Ltd., AIL shall issue and allot to the equity shareholders of LIL, 8 equity shares of AIL for every 25 equity shares held by the equity shareholder of LIL. (2) Reduction of share capital: Upon the scheme coming into effect, the issued, subscribed and paid up equity capital of Lesha Industries Ltd (LIL) shall be reduced from Rs.9,43,36,380/- divided into 94,33,638 equity shares of Rs. 10/- each fully paid TO Rs.1,13,20,370/- divided into 11,32,037 equity shares of Rs. 10/- each. Accordingly the shareholders of the Demerged Company shall be issued 3 (Three) new equity shares of the Demerged Company for every 25 (Twenty Five) equity shares held by shareholders in the Demerged Company. NO DEALINGS FROM DATE & SETT. NO. 16/08/2017 DR-095/2017-2018 Trading Members of the Exchange are requested to take note of the above. (As Per BSE Notice Dated on 08.08.2017)