(05-Apr-2023 Hours IST)
we wish to inform you that the Company has received letter dated April 04, 2023 (attached as Annexure) from Ramanagaram Enterprises Private Limited ('REPL'), informing that the Hon'ble National Company Law Tribunal, Hyderabad Bench ('NCLT') vide its order dated January 30, 2023 (certified true copy of order issued on February 02, 2023) has approved the Scheme of Amalgamation between Sri Power Generation (India) Private Limited ('SPGIPL') (Promoter of the Company prior to above Amalgamation), Solar Integration Systems India Private Limited and Nimbha Biotech Private Limited, (Transferor Companies) with Ramanagaram Enterprises Private Limited ('REPL') (Transferee Company) (Promoter of the Company after the Amalgamation). SPGIPLwas holding 3,22,86,926 equity Shares of the Company (constituting 43.77% of Equity Share capital of the Company) which subsequent to the aforementioned amalgamation has ceased to exist and is no longer the promoter of the Company. With reference to our earlier intimation dated 05th April,2023, regarding the Amalgamation between Sri Power Generation (India) Private Limited ('SPGIPL') (Promoter of the Company prior to Amalgamation), Solar Integration Systems India Private Limited and Nimbha Biotech Private Limited, (Transferor Companies) with Ramanagaram Enterprises Private Limited ('REPL') (Transferee Company) (Promoter of the Company after the Amalgamation), we wish to inform you that the Company has received information from REPL that pursuant to the said amalgamation 3,22,86,926 equity Shares held by erstwhile SPGIPL in the Company has been updated in the name of REPL in the records of the Depository Participant. Accordingly, the BENPOS of the Company reflects REPL as the promoter of the Company. (As per BSE Announcement Dated on 17/05/2023)
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