Aarti Industries Ltd has informed BSE regarding 'Approval of Scheme of Amalgamation by the Transferor Companies'. Scheme of Amalgamation of Gogri & Sons Investments Private Limited ('GSIPL') and Alchemie Leasing And Financing Private Limited ('ALFPL') and Anushakti Holdings Limited ('AHL') and Anushakti Chemical And Drugs Limited ('ACDL') and Aarti Industries Limited ('Transferee Company' or 'AIL'), and their respective shareholders ('Scheme') was approved by the Board of Directors on 30th May, 2014 under Sections 391 to 394 read with Sections 100 tol03 of the Companies Act, 1956. Shareholders of AHL & ACDL have approved the said Scheme unanimously by requisite majority at the Court Convened Meetings held on 9th March, 2015. All the Shareholders GSIPL & ALFPL had given their consents/approval for the Scheme earlier. Necessary Petitions are being filed for confirmation of the said Scheme of Amalgamation in the High Courts of Gujarat at Ahmedabad and of Bombay.The said Scheme is expected to be operational after obtaining requisite High Court orders and completion of process related thereto within next 4-5 months. Under the said Scheme, GSIPL, ALFPL, AHL and ACDL (Transferor Companies) would be amalgamated with AIL, with effect from the Appointed Date which would be same as the Effective Date i.e. the date on which the Scheme would become operational. Upon the Scheme becoming effective, the paid up share capital of the Company, based on shareholding pattern as on 06/03/2015, is expected to be reduced by about 5.95% resulting in 83.32 million equity shares of Rs. 5/- each fully paid up. This would result in increased Shareholder Value in the long term. The merger is aimed at simplification and rationalisation of the promoters' shareholding and would also result in increase in public float of shares. Further, merger will also result in elimination of associate companies and would make the shareholding structure more transparent and investor friendly. With reference to the Scheme of Amalgamation of Gogri & Sons Investments Private Limited and Alchemie Leasing And Financing Private Limited and Anushakti Holdings Limited and Anushakti Chemical And Drugs Limited with Aarti Industries Limited, Aarti Industries Ltd has informed BSE that Bombay High Court has on July 10, 2015 approved the said scheme of amalgamation with change in the appointed date as April 01, 2015. The said scheme is now pending for final hearing before Gujarat High Court, for approval, which is expected on July 24, 2015. (As Per BSE Announcement Dated on 10.07.2015) With reference to the scheme of Amalgamation of Gogri & Sons Investments Private Limited and Alchemie Leasing And Financing Private Limited And Anushakti Holdings Limited and Anushakti Chemical and Drugs Limited with Aarti Industries limited. Aarti Industries Ltd has now informed BSE that the Hon'ble High Court of Gujarat at Ahmedabad has on July 31, 2015 sanctioned the said Scheme of Amalgamation with change in the Appointed Date for the Scheme as April 01, 2015. Further the said Scheme has already been sanctioned by the Bombay High Court on July 10, 2015 as intimated earlier. The said Scheme shall become effective upon filling the said High Court Orders with respective Registrar of Companies. (As Per BSE Announcement Dated on 31.07.2015) With reference to the scheme of Amalgamation of Gogri & Sons Investments Private Limited and Alchemie Leasing And Financing Private Limited And Anushakti Holdings Limited and Anushakti Chemical and Drugs Limited (i.e. Transferor Companies) with Aarti Industries limited (i.e. Transferee Company). The said Scheme of Amalgamation was sanctioned by Hon'ble High Court of Judicature of Bombay vide its order dated July 10, 2015 and the Hon'ble High Court of Gujarat at Ahmedabad vide its order dated July 31, 2015. Aarti Industries Ltd has now informed BSE that the Company has filed the Bombay High Court Order and Gujarat High Court Order with the Ministry of Corporate Affairs on September 09, 2015. On filing of the said orders the Scheme of Amalgamation has become Effective from April 01, 2015 (Appointed Date). (As per BSE Announcement dated on 14.09.2015) Aarti Industries Ltd has informed BSE that the Board of Directors of the Company in its meeting held on September 24, 2015, Allotment of Equity Shares pursuant to Amalgamation of Gogri & Sons Investments Private Limited and Alchemie Leasing And Financing Private Limited and Anushakti Holdings Limited and Anushakti Chemical And Drugs Limited With Aarti Industries Limited ('Scheme of Amalgamation'). Allotted 16,726,401 equity shares of Rs. 5/- (Rupees Five only) each in consideration of and in terms of Scheme of Amalgamation. To members of Gogri & Sons Investments Private Limited (Transferor Company)-- 59,73,773 To members of Alchemie Leasing And Financing Private Limited (Transferor Company)--53,09,098 To members of Anushakti Holdings Limited (Transferor Company)--36,13,876 To members of Anushakti Chemicals and Drugs Limited (Transferor Company)--18,29,654 (As per BSE announcement dated on 24.09.2015)