Harrisons Malayalam Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2010, have considered and approved the Composite Scheme of Arrangement comprising merger of Harrisons Malayalam Financial Services Ltd. ('MFSL'), Harrisons Rubber Products Ltd. and Harrisons Agro-Products Ltd. ('APL'), the 100% subsidiaries into Harrisons Malayalam Ltd. ('ML' or ¶he Company') and demerger of Investment Undertaking into Sentinel Tea and Exports Ltd. (STEL'). The Scheme provides for merger of HMFSL, HRPL and HAPL into HML with effect from April 01, 2009. Further, as a part of the same Scheme, Investment Undertaking of HML will be demerged into STEL with effect from April 02, 2009. STEL is also a wholly owned subsidiary of HML. Pursuant to demerger, 1(One) fully paid up equity share of Rs. 10 each of STEL shall be issued and allotted for every 1(One) equity share of Rs. 10 each held in the Company. The Scheme is subject to requisite consent or approval of the requisite majority as the case may be of the shareholders, the Hon'ble High Court of Kerela at Ernakulam, the permission or approval of the Central Government or any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme. Harrisons Malayalam Ltd has informed BSE that pursuant to the directions given by the Hon'ble High Court of Kerala under section 391 of the Companies Act, 1956, meetings of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company was held on May 14, 2010, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Composite Scheme of Arrangement between Harrisons Malayalam Financial Services Ltd and Harrisons Rubber Products Ltd. and Harrisons Agro-Products Ltd. and Harrisons Malayalam Ltd. and Sentinel Tea and Exports Ltd. and their Respective shareholders ('the Scheme'). Further the Company has informed that, the Equity Shareholders, Secured Creditors and Unsecured Creditors have approved the Scheme without any modifications with the requisite majority at the said meetings. (As Per BSE Announcement Website dated on 15.05.2010) Harrisons Malayalam Ltd has informed BSE that the Hon'ble High Court of Kerala at Ernakulam has approved the Composite Scheme of Arrangement between Harrisons Malayalam Financial Services Ltd. and Harrisons Rubber Products Ltd. and Harrisons Agro Products Ltd. and Harrisons Malayalam Ltd. and Sentinel Tea and Exports Ltd. and their Respective Shareholders on July 28, 2010. The Effective Date of the Scheme will be the date on which the said certified copy of the Order passed by the Hon'ble High Court is filed with the Registrar of Companies, Kerala. (As Per BSE Announcement Dated on 28.07.2010) The Exchange has received a copy of order of Kerala forwarded by Revenue (A) Department, Thiruvananthapuram, government of Kerala, pursuant to O P (C) No. 3508/2001 filed by State of Kerala against M/s. Harrisons Malayalam Ltd (HML) - Amalgamation/merger of companies - order of Hon'ble High Court of Kerala dated August 13, 2012. (As per BSE Announcement Dated on 28.09.2012)