HB Portfolio has informed that the Company has fixed Tuesday, March 13, 2018 (close of business hours) as the HBPL Record Date for reckoning the names of the Equity Shareholders of HBPL who shall be entitled to receive the Equity Shares of HBEDL in consideration for the Demerger of HBPL 'Preference Shares Investment and Loans & Advances Undertaking' and transfer and vesting of the same into HBEDL (Demerger 3) as provided in Part D of the Scheme; and for the Reduction of Issued, Subscribed and Paid-up Equity Share Capital and Reorganisation of the Authorised Share Capital simultaneously as provided in Part E of the Scheme after the allotment of equity shares by HBPL to the shareholders of HBSL in Demerger 1.
The above information is a part of company’s filings submitted to BSE.
