Aarti Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 30, 2012 for considering a proposal for Demerger of the Manufacturing Business Undertaking of Anushakti Chemicals & Drugs Limited (ACDL) into the Company, pursuant to the Scheme of Arrangement under the provisions of the Companies Act, 1956 and all matters related and incidental thereto. Aarti Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 30, 2012 for considering a proposal for Demerger of the Manufacturing Business Undertaking of Anushakti Chemicals & Drugs Limited (ACDL) into the Company, pursuant to the Scheme of Arrangement under the provisions of the Companies Act, 1956 and all matters related and incidental thereto. Aarti Industries Ltd has informed BSE regarding Outcome of Board Meeting held on August 30, 2012. Aarti Industries Ltd has informed BSE that at the meeting of the Board of Directors of the Company held on August 30,2012,Scheme of Arrangement for demerger of Manufacturing Business Undertaking of Anushakti Chemicals & Drugs Limited (Anushakti)into Aarti Industries Limited (Aarti), has been approved subject to such requisite approval of the shareholders and relevant High Courts.The 'Appointed Date' for the said Scheme has been fixed as April 01,2012.The 'Manufacturing Business Undertaking' of Anushakti proposed to be transferred to Aarti,has units at Bhachau in the State of Gujarat,Tarapur and Dombivali in the State of Maharashtra and R&D Centre at Dombivali in the State of Maharashtra. Anushakti's manufacturing activities cover various Speciality Chemicals with applications into end-user segments of performance Chemicals, Agrochemicals and Pharmaceuticals etc.The Share Entitlement ratio under the said Scheme,subject to all necessary approvals and orders,is fixed as under:(i)'3 (Three) fully paid Equity Share of Rs. 5/-(Rupees Five only) each of Aarti shall be issued and allotted for every 5 (Five) fully paid Equity Shares of Rs.10/- (Rupees Ten only) each held in Anushakti.' (ii) No Equity Shares would be issued for the Equity shareholding by Aarti in Anushakti, which is 49.59% of he Paid up equity capital of Anushakti and the same would thus get cancelled. Accordingly,an aggregte of 9,471,614 Equity shares of Rs.5/- each would be allotted by Aarti in terms of the said Scheme of Arrangement,when effective. The Scheme is subject to consent,approval of requisite majority of shareholders of the both the Companies; sanction of the High Court of Gujarat at Ahmedabad and High Court of Judicature at Bombay and all other regulatory approvals as may be necessary for the implementation of the Scheme. (As Per BSE Announcement Dated on 31.08.2012) Aarti Industries Ltd has submitted to BSE a copy of the 'Notice of hearing of Petition' published in the news papers on January 07, 2013. (As per BSE Announcement Dated on 16.01.2013) Aarti Industries Ltd has informed BSE that the Scheme of Arrangement between Anushakti Chemicals and Drugs Limited with Aarti Industries Limited has been approved by the High Court of Gujarat at Ahmedabad and Bombay High Court on March 08, 2013 and February 08, 2013 respectively. The Company has filed the Ahmedabad High Court Order with the Ministry of Company Affairs, Ahmedabad on May 06, 2013 and the Bombay High Court Order with the Ministry of Company Affairs, Mumbai on April 17, 2013. On filing of the said orders the Scheme of Arrangement has become Effective from April 01, 2012 (Appointed Date). (As per BSE Announcement Dated on 07.05.2013) 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. (As per BSE Announcement dated on 09.03.2015) 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 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) 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)