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Category :
Company News
Headline :
Kovilpatti Lakshmi - Intimation About Issue And Allotment Of Equity Shares Pursuant To The Scheme Of Amalgamation
Date:
02/02/2024 12:44
Pursuant to the Scheme of Amalgamation of Raya Foods Private Limited ( \Transferor Company\) with Kovilpatti Lakshmi Roller Flour Mills Limited (\Transferee Company\) sanctioned by the NCLT, Chennai Bench order dated 5th January 2024 & 18th January 2024 coming into effect, the Board of Directors of the Company have allotted 35,00,000 equity shares of Rs.10/- in the Company to those shareholders whose names appeared on the Register of Members of Raya Foods Private Limited (Transferor Company) as on 1st February 2024, being the record date fixed by the Transferor Company for the said purpose.The equity shares allotted above, shall be listed on BSE Limited (BSE) and shall rank pari-passu in all respects with the existing equity shares of the Company .Consequent to the above allotment, the issued and paid up equity share capital of the Company stands increased from Rs.5,54,14,760/- comprising of 5541476 equity shares of Rs.10/- each to Rs.9,04,14,760/- equity shares of Rs.10 each.
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