Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, We inform your good self that the Board of Directors of the Company in its Board Meeting held on today i.e. Thursday, February 16, 2023, at the Corporate Office of the Company, have transacted and approved the following business:- Demerger embodied in the draft Scheme of Arrangement between Mahalaxmi Rubtech Limited (MRT) (CIN:- L25190GJ1991PLC016327) (Hereinafter referred to as 'the Demerged Company'); Mahalaxmi Fabric Mills Private Limited (Formerly known as 'Sonnet Colours Pvt Ltd') (MFMPL) (CIN:- U17100GJ1991PTC015345) (Hereinafter referred to as 'the First Resulting Company'); and Globale Tessile Private Limited (GTPL) (CIN:- U17299GJ2017PTC098506) (Hereinafter referred to as 'the Second Resulting Company') and their respective Shareholders and Creditors ('Hereinafter referred to as the Scheme'). In continuation to our Letter, having Ref: MRT/CS/Correspondence/2022-23/47 dated February 16, 2023, kindly find, attached herewith, Observation Letter received from BSE Limited, on August 01, 2023, regarding Scheme of Arrangement between Mahalaxmi Rubtech Limited (MRT) (CIN:- L25190GJ1991PLC016327); Mahalaxmi Fabric Mills Private Limited (Formerly known as 'Sonnet Colours Pvt Ltd') (MFMPL) (CIN:- U17100GJ1991PTC015345); Globale Tessile Private Limited (GTPL) (CIN:- U17299GJ2017PTC098506) and their respective Shareholders and Creditors. (As Per BSE Announcement dated on 01.08.2023) The Hon''ble National Company Law Tribunal, Ahmedabad Bench, by an Order dated 19th October, 2023, has given directions for convening and holding the Meetings of the Equity Shareholders and Unsecured Creditors of the Company; and for dispensation from convening and holding the Meeting of the Secured Creditors of the Company. (As per BSE Announcement Dated on 20/10/2023) Copy of the Advertisement published, in respect of Notice of hearing of the Petition for sanctioning the Scheme of Arrangements. (As Per BSE Announcement Dated on 31/01/2024) The Hon''ble National Company Law Tribunal, Ahmedabad, Special Bench, Court-1, by an Order dated 04th March, 2024, has sanctioned the Scheme of Arrangements involving Demerger. (As Per BSE Announcement Dated on 05/03/2024) Further to our Letter dated 05th March, 2024, We inform your good self that the Company has received Certified Copy of the Order of the Hon''ble National Company Law Tribunal, Ahmedabad, Special Bench, Court-1, dated 27th March, 2024, sanctioning the Scheme of Arrangements involving Demerger. (As per BSE Announcement Dated on 28/03/2024) The Demerged Company and both the Resulting Companies have submitted E-Form INC - 28 with the Registrar of Companies, Ahmedabad, on the Monday, the 01st April, 2024 and accordingly the Scheme has become effective from today i.e. 01st April, 2024 Pursuant to the Hon''ble NCLT Order sanctioning the Scheme of Arrangements involving the Demerger, Mahalaxmi Exports Private Limited has ceased to become the Wholly Owned Subsidiary Company of the Demerged Company. (As Per BSE Announcement dated on 01.04.2024) Friday, the 19th Day of April, 2024, has been fixed as the Record Date for the purpose of determining the Equity Shareholders of the Demerged Company entitled to receive the New Equity Shares of Mahalaxmi Fabric Mills Limited and Globale Tessile Limited. Read less.. (As Per BSE Announcement Dated on 03.04.2024) Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement for Demerger as approved by the Hon'ble National Company Law Tribunal, Ahmedabad Special Bench, MAHALAXMI RUBTECH LTD, has fixed Record Date for the purpose of Demerger and for determining the entitlement of the shareholders of the Company, as per details given below: - COMPANY NAME CODE MAHALAXMI RUBTECH LTD. -514450 RECORD DATE 19.04.2024 PURPOSE As per Scheme of Arrangement for Demerger sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Special Bench between, MAHALAXMI RUBTECH LTD., (Demerged Company) and Mahalaxmi Fabric Mills Limited and Globale Tessile Limited (Resulting Company 1 and 2) and Their Respective Shareholders and Creditors; [I] The Scheme of Arrangement, inter alia provides for: b) Second Demerger of 'Trading Textiles Division' of Mahalaxmi Rubtech Limited (MRL) and vesting the same into Globale Tensile Limited (GTL) EX-ENTITLEMENT FROM DATE & SETT. NO. 19/04/2024 DR-614/2024-2025 (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 B' group to T' group w.e.f. 19th April, 2024, 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 19th April, 2024. 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 Equity Shares of the Resulting Company i.e. Mahalaxmi Fabric Mills Limited and Globale Tessile Limited will be listed on BSE Limited. (As Per BSE Notice Dated on 16.04.2024) Apportionment of Cost of Acquisition of Equity Shares upon Scheme of Arrangements involving Demerger in accordance with the section 49(2C) and 49(2D) of the Income Tax Act, 1961. (As Per BSE Announcement Dated on 07/05/2024) Disclosure of Material Event in the Second Resulting Company i.e. consideration and approval of the Unaudited Financial Results for the 01st Quarter ended on 30th June, 2024, for the Financial Year 2024-25. (As per BSE Announcement dated on 14/08/2024)