(09-Feb-2022 Hours IST)
Intimation of the outcome of the meeting of the Board of Directors of Sundaram-Clayton Limited ('Company') held on 9th February 2022 and disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended ('Listing Regulations') Disclosure under Regulations 30 and 51(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to approval of the Composite Scheme of Arrangement amongst Sundaram - Clayton Limited and TVS Holdings Private Limited and VS Investments Private Limited and Sundaram - Clayton DCD Limited and their respective shareholders and creditors (As per BSE Announcement Dated on 07/03/2023) Disclosure under Regulations 30, 42 and 51(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to approval of the Composite Scheme of Arrangement amongst Sundaram - Clayton Limited and TVS Holdings Private Limited and VS Investments Private Limited and Sundaram - Clayton DCD Limited and their respective shareholders and creditors ('Scheme') (As Per BSE Announcement Dated on 13.03.2023) Clarification on the disclosure made under Regulations 30, 42 and 51(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to approval of the Composite Scheme of Arrangement amongst Sundaram - Clayton Limited and TVS Holdings Private Limited and VS Investments Private Limited and Sundaram - Clayton DCD Limited and their respective shareholders and creditors ('Scheme') (As Per BSE Announcement dated on 20.03.2023) Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') in relation to the Composite Scheme of Arrangement amongst Sundaram-Clayton Limited and TVS Holdings Private Limited and VS Investments Private Limited and Sundaram - Clayton DCD Limited and their respective shareholders and creditors (As Per BSE Announcement dated on 25.03.2023) Intimation on receipt of listing and trading approval for 234,69,21,860 9% Cumulative Non-Convertible Redeemable Preference Shares ('NCRPS') of INR 10 each bearing dist. nos. 1 to 2346921860 issued by Sundaram-Clayton Limited pursuant to Composite Scheme of Arrangement amongst Sundaram-Clayton Limited ('Company' or 'Demerged Company') and TVS Holdings Private Limited and VS Investments Private Limited and Sundaram - Clayton DCD Limited and their respective shareholders and creditors, sanctioned by National Company Law Tribunal, Chennai ('Scheme') (As Per BSE Announcement dated on 15.06.2023) Intimation on receipt of listing and trading approval (As per BSE Announcement Dated on 28/07/2023) Announcement under Regulation 30 (LODR) - Scheme of Arrangement (As Per BSE Announcement Dated on 11.08.2023) Trading Members of the Exchange are hereby informed that, pursuant to the Composite Scheme of Arrangement (Demerger and Amalgamation) as approved by the Hon'ble National Company Law Tribunal, Division Bench - II, Chennai, TVS Holdings Limited (formerly known as Sundaram Clayton Ltd) has fixed Record Date for the purpose of determining the entitlement of the Shareholders of the Company, as per details given below: - COMPANY NAME CODE TVS Holdings Limited (520056) RECORD DATE 24.08.2023 PURPOSE As per Scheme of Arrangement for Demerger as sanctioned by the Hon'ble National Company Law Tribunal, Division Bench - II, Chennai, between: TVS Holdings Limited, (Demerged Company) and Sundaram Clayton DCD limited (Resulting Company), and their Respective Shareholders and Creditors: - Upon the coming into effect of the aforesaid Scheme and in consideration of the transfer and vesting of the Demerged Undertaking being the entire Manufacturing business of TVS Holdings Limited (Demerged Company) INTO Sundaram Clayton DCD limited(Resulting Company); Sundaram Clayton DCD limited shall issue and allot Equity Shares to the Shareholders of TVS Holdings Limited in the following proportion:- '1 (One) Fully Paid-Up Equity Share of Rs.5/- each of Sundaram Clayton DCD limited to be credited as Fully Paid-Up for every 1 (One) Equity Share of Rs.5/- each held in TVS Holdings Limited ' EX-ENTITLEMENT FROM DATE & SETT. NO. 24/08/2023 DR-599/2023-2024 Note: (1) Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading members are hereby informed that the trading in the Equity Shares of the aforesaid Company shall be transferred from A' group to T' group w.e.f. 24th August, 2023; AND (2) Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012, the aforesaid scrip shall be a part of Call Auction in Pre-open Session (Special Pre- open Session (SPOS)) on 24th August, 2023. For further information on SPOS, the trading members are requested to refer to the Exchanges notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session Subject to compliance with requisite formalities, the Equit Shares of the Resulting Company i.e. Sundaram Clayton DCD limited will be listed on BSE Limited. Trading Members of the Exchange are hereby informed that, pursuant to the Composite Scheme of Arrangement (Demerger and Amalgamation) as approved by the Hon'ble National Company Law Tribunal, Division Bench - II, Chennai, TVS Holdings Limited (formerly known as Sundaram Clayton Ltd) has fixed Record Date for the purpose of determining the entitlement of the Preference Shareholders of the Non-Convertible Reedemable Preference Shares (NCRPS) of the Company, as per details given below: - COMPANY NAME CODE TVS Holdings Limited (717505) RECORD DATE 24.08.2023 PURPOSE As per Scheme of Arrangement for Demerger as sanctioned by the Hon'ble National Company Law Tribunal, Division Bench - II, Chennai, between: TVS Holdings Limited, (Demerged Company) and Sundaram Clayton DCD limited (Resulting Company), and their Respective Shareholders and Creditors: Upon the coming into effect of the aforesaid Scheme and in consideration of the transfer and vesting of the Demerged Undertaking being the entire Manufacturing business of TVS Holdings Limited (Demerged Company) INTO Sundaram Clayton DCD limited(Resulting Company); Sundaram Clayton DCD limited shall issue and allot Preference Shares to the Preference Shareholders of TVS Holdings Limited in the following proportion:- 1 (One) fully paid-up Cumulative Non-Convertible Redeemable Preference Share of Rs.10/- each ('Preference Shares') of Sundaram Clayton DCD limited to be credited as Fully Paid-Up for every 1,000 Non-Convertible Redeemable Preference Shares (NCRPS) of Rs.10/- each held in TVS Holdings Limited ' EX-ENTITLEMENT FROM DATE & SETT. NO. 24/08/2023 DR-599/2023-2024 Subject to compliance with requisite formalities, the Preference Shares (NCRPS) of Resulting Company i.e. Sundaram Clayton DCD limited will be listed on BSE Limited. (As Per BSE Notice Dated on 22.08.2023) Updates in relation to the Composite Scheme of Arrangement (As per BSE Announcement Dated on 31/08/2023) Apportionment of Cost of Acquisition of shares of TVS Holdings Limited and Sundaram-Clayton Limited (As Per BSE Announcement Dated on 26.09.2023) Updates on Scheme of Arrangement (As Per BSE Announcement Dated on 28/12/2023) Intimation under Regulation 31A of SEBI LODR Regulations (As per BSE Announcement Dated on 25/01/2024) Reclassification pursuant to Regulation 31A of SEBI (LODR) Regulations, 2015 (As per BSE Announcement Dated on 09/02/2024) Update in relation to the Composite Scheme of Arrangement (As per BSE Announcement Dated on 30/08/2024)
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