(15-Jun-2024 Hours IST)
Update on amalgamation of Casper Pharma Pvt Ltd (WOS) into and with Suven Pharmaceuticals Limited is attached. Update on Merger (As per BSE Announcement Dated on 25/10/2024) Update on merger In this connection, this is to inform that the certified copy of the Order of the NCLT sanctioning the above Scheme of Amalgamation has been filed by the respective companies with the Registrar of Companies, Ministry of Corporate Affairs. In accordance with the terms of the Scheme of Amalgamation, the merger became effective from January 1, 2025 (which is the Effective Date of the merger). Further, in accordance with the Scheme of Amalgamation, the Appointed Date of the merger is the same as the Effective Date, i.e., January 1, 2025. (As Per Bse Announcement Dated on 01.01.2025) Dear Sir/Madam, This is with reference to, and in furtherance of: (a) our letter dated February 29, 2024, regarding the decision of the Board of Directors of Suven Pharmaceuticals Limited ('Transferee Company') approving the Scheme of Amalgamation of Cohance Lifesciences Limited ('Transferor Company') with and into Transferee Company under Sections 230 to 232 of the Act and other applicable rules and / or regulations, subject to receipt of applicable regulatory and other approvals; (b) our letter dated October 22, 2024, regarding the order dated October 22, 2024 passed by Hon'ble National Law Company Tribunal, Mumbai Bench (the 'NCLT'), inter alia, directing the convening of the meetings of the shareholders of both the Transferor Company and the Transferee Company, for approving the Scheme of Amalgamation; (c) our letter dated October 26, 2024, enclosing the notice convening the meeting of the equity shareholders of the Transferee Company; (d) our letter dated November 28, 2024, informing about the approval of the Scheme of Amalgamation by the shareholders of the Transferee Company with requisite majority; and (e) our letter dated March 27, 2025, informing about the order of the NCLT, pronounced on March 27, 2025 (as uploaded on the official website of the NCLT on March 27, 2025 (https://nclt.gov.in/) (the 'Order'), sanctioning the Scheme of Amalgamation. Update on merger (As Per Bse Announcement Dated on :22.04.2025)
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