(27-Aug-2013 Hours IST)
Responsive Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 27, 2013, has considered and approved the amalgamation of Axiom Cordages Limited with the Company subject to such approvals, permissions and sanctions as may be required from various statutory authorities. Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform that the Board of Directors of Responsive Industries Limited ('Company') at their Meeting held on Friday, July 02, 2021 have, subject to the requisite statutory and regulatory approvals/consents including the approval of Hon''ble National Company Law Tribunal, Mumbai Bench, considered and approved the scheme of amalgamation of Axiom Cordages Limited ('Axiom'), a subsidiary of the Company with the Company ('Scheme') under the provisions of sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and the Rules framed thereunder. (As Per BSE Announcement Dated on 03.07.2021) Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') and with reference to Notice No. 20211101-8 of BSE Limited dated November 01, 2021, we wish to inform that the Board of Directors of Responsive Industries Limited ('Company') at their Meeting held on Friday, November 26, 2021 have, subject to the requisite statutory and regulatory approvals/consents including the approval of Hon''ble National Company Law Tribunal, Mumbai Bench, considered and approved the revised scheme of amalgamation of Axiom Cordages Limited ('Axiom'), a subsidiary of the Company with the Company ('Scheme') under the provisions of sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and the Rules framed thereunder. (As Per BSE Announcement Dated 27.11.2021) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement)Regulations, 2015, we wish to inform you that our Company has received observation letters from both BSE and NSE vide their letters dated 14.02.2022 regarding draft Scheme of Amalgamation between Axiom Cordages Limited (the transferor company) and Responsive Industries Limited (the transferee company) and their respective shareholders under Section 230 to 232 of the Companies Act, 2013, enabling the Company to file the scheme with the Hon''ble NCLT. Please find attached herewith the copies of observation letters of NSE and BSE, which are self explanatory. Kindly take the same on your record. (As Per BSE Announcement dated on 16.02.2022) Submission of Hon'ble NCLT Order dated 28.04.2023 for approving the Scheme of Amalgamation of Axiom Cordages Limited (Transferor Company) with Responsive Industries Limited (Transferee Company (As Per BSE Announcement dated on 28.04.2023) Sub: Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations')- Submission of Order sheet of the hearing in the matter of Scheme of Amalgamation of Axiom Cordages Limited ('Transferor Company') with Responsive Industries Limited ('Transferee Company'). With reference to the above matter of Scheme of Amalgamation of Axiom Cordages Limited (Transferor Company) with Responsive Industries Limited (Transferee Company), we would like to inform you that the aforesaid matter was listed on July 05, 2023 and heard by the Hon'ble National Company Law Tribunal Mumbai ('Hon'ble NCLT'), and as per the Order sheet issued by the Hon'ble NCLT, the matter has been admitted and the Hon'ble NCLT has fixed August 11, 2023 as the date of hearing and final disposal of the said matter. The Hon'ble NCLT vide its order sheet has given the directions to the Company to publish the notice of hearing of the Petition in Business Standard (English language) and in Navshakti (local vernacular language i.e. in Marathi language) as per Rule 16 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 ('the Rule'). The Hon'ble NCLT has also instructed the Company to issue notices to the statutory authorities, as required under Rule 8 of the said Rules. (As Per BSE Announcement Dated on 15.07.2023) Hon''ble NCLT order dated 04.10.2023 sanctioning the Scheme of Amalgamation of Axiom Cordages Limited with the Company and their respective shareholders (As Per BSE Announcement Dated on 05/10/2023) Allotment of Equity shares pursuant Scheme of amalgamation sanctioned by the Hon''ble NCLT Mumbai (As Per BSE Announcement Dated on 02/11/2023)
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