FDC has informed that pursuant to the approval of the Hon’ble High Court of Judicature at Bombay on September 04, 2015, approving the Scheme of Amalgamation, the Board of Directors of the Company at its meeting held on September 24, 2015 has allotted 55,385,000 equity shares of face value of Re 1 each to the shareholders of the Transferor Companies i.e. Soven Trading and Investment Company Private Limited, Sudipta Trading and Investment Company Private Limited, Transgene Trading and Investment Company Private Limited, as per the record date of these companies taken as September 22, 2015. Further, pursuant to the High Court Order the Board has cancelled 55,385,000 equity shares of face value Re 1 each held by Soven Trading and Investments Private Limited, Sudipta Trading and Investments Private Limited and Transgene Trading and Investment Company Private Limited.
The above information is a part of company’s filings submitted to BSE.
