United Breweries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2012, have considered and approved the amalgamation of Scottish & Newcastle India Private Limited (SNIPL) into United Breweries Limited (UBL). - Share Exchange Ratio: The share exchange ratios were recommended by two independent valuation experts i.e. Grant Thomton and SSPA & Co. Ambit Corporate Finance Private Limited shall be providing fairness opinions on the swap-ratios recommended by the Independent valuation experts. As consideration for Amalgamation, UBL will issue shares to the shareholders of SNIPL in the following ratio: 8,489,270 (Eight million four hundred eighty nine thousand two hundred and seventy) fully paid equity share of UBL of Re. 1 (Rupee One) each for every 32,223,912 (Thirty two million two hundred twenty three thousand nine hundred and twelve) fully paid equity shares of SNIPL of Rs. 10 (Rupees Ten) each. United Breweries Ltd has informed BSE that pursuant to Order dated August 17, 2012 of the Honble High Court of Karnataka, Court Convened Meting of Equity Shareholders will be held on September 24, 2012 for the purpose of considering and if thought fit, approving the Scheme of Amalgamation between Scottish and Newcastle India Pvt. Ltd. and United Breweries Ltd and their respective Shareholders and Creditors. (As Per BSE Announcement Dated on 29.08.2012) United Breweries Ltd has informed BSE that the Equity Shareholders of the Company have, at their Court Convened Meeting held on September 24, 2012, approved the Scheme of Amalgamation between Scottish and Newcastle India Private Limited, United Breweries Limited and their respective shareholders and creditors with requisite majority, as per clause 35A. (As per BSE Announcement Dated on 25.09.2012) United Breweries Ltd has informed BSE that the Hon'ble High Court of Karnataka has approved the Scheme of Amalgamation between Scottish & Newcastle India Private Limited and United Breweries Limited. The certified true copy of the Court Order has been filed with the Registrar of Companies, Karnataka and the Scheme has become effective. The Company shall in due course allot equity shares to the eligible shareholders in terms of the Scheme. (As per BSE Announcement Dated on 20.04.2013) United Breweries Ltd has informed BSE that pursuant upon amalgamation of Scottish & Newcastle India Private Limited into United Breweries Limited (the Company) in terms of the Scheme of Amalgamation (Scheme) sanctioned by the Hon'ble High Court of Karnataka, the Committee of Directors of the Company have at its meeting held on May 13, 2013 approved allotment of 84,89,270 Equity Shares of Re. 1 each of the Company to the eligible shareholders of Scottish & Newcastle India Private Limited in terms of the Scheme. (As Per BSE Announcement Dated on 13.05.2013)