(10-Jun-2013 Hours IST)
EID Parry India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 10, 2013, have approved a Scheme of Amalgamation pursuant to which Sadashiva Sugars Limited, a wholly owned subsidiary Company (transferor company) of E.I.D.- Parry (India) Limited (the company) will be amalgamated with E.I.D.- Parry(India) Limited (transferee Company) Sadashlva Sugars Limited (SSL), being a wholly owned subsidiary of the Company and the entire equity share capital of Sadashiva Sugars Limited (SSL) being held by the Company, there is no issue of equity shares by the transferee company pursuant to the scheme. EID Parry India Ltd has informed BSE that the Company has filed INC-28 with Registrar of Companies, Chennai on May 08, 2014 vide SRN No. C02790970 dated May 08, 2014. Consequent to the filing with Registrar of Companies,. Chennai, the Scheme of Amalgamation between Sadashiva Sugars Limited and E.I.D. -Parry (India) Limited has become effective from May 08, 2014. (As Per BSE Announcement Date on 12.05.2014)
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