(17-Oct-2003 Hours IST)
The company has informed that a petition has been filed with the Hon'ble High Court A.P, to seek its approval for the sanction of amalgamation of Vama Infotech Pvt Ltd, with our company, Sanjeevni Inds Ltd. The Company has informed that The Board of Directors of the Company has fixed 27th December, 2004 as the Record Date for the purpose of issuing & alloting Equity shares to the shareholders of Vama Infotech Pvt. Ltd. (TransferorCompany) pursuant to Scheme of Amalgamation as approved by Hon'ble High Court of Andhra Pradesh. Accordingly shares will be allotted to the shareholders of M/s. Vama Infotech Pvt. Ltd. as appearing in the Register of Members of the said company as on 27th December, 2004. (As per BSE Bulletin dated on 06/12/2004) Have allotted 13,50,000 equity shares of Rs.10/- each fully paid up to the shareholders of erstwhile Vama Infotech Pvt Ltd (Transferor Company) pursuant to the Scheme of Amalgamation which was approved by the Hon'ble High Court of Andhra Pradesh. The List of allottees is as follows: 1. V Atchyuta Rama Raju - 675000 no of shares. 2. V Rajam Raju - 675000 no of shares. (As per BSE Bulletin dated 18/02/2005) Members of the Exchange are hereby informed that the under mentioned new securities of Vama Industries Limited (Scrip Code: 512175, ISIN No: INE685D01014) are listed and permitted for trading on the Exchange with effect from Thursday, March 17, 2005. Securities 13,50,000 *Equity Shares of Rs.10/- each (fully paid-up) issued to shareholders of erstwhile M/s. Vama Infotech Private Limited pursuant to the Scheme of Amalgamation of the company. Dist. Nos. 9,96,001 to 23,46,000 * These shares are ranking pari-passu with the old equity shares of the company. 2. The brief particulars of the Scheme of Amalgamation are as mentioned below: a) The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Andhra Pradesh its order dated September 20,2004. b) The appointed date: April 1, 2003. c) Date of Allotment: February 18, 2005. d) Exchange Ratio - For every 1 Equity Shares of Rs.10/- each held in erstwhile M/s. Vama Infotech Private Limited 15 Equity Share of Rs.10/- each of the company have been issued. e) Pursuant to the Scheme of Amalgamation; the company has changed its name from 'Sanjeevni Industries Limited' to 'Vama Industries Limited'. It may also be noted that the share certificates not corrected with the new name of the company will also be considered as good delivery in the market. 3. Member may also note that the Abbreviated Name and Scrip Id for the Company on the BOLT System has been changed as follows w.e.f. March 17, 2005: Existing Name Sanjeevni Industries Limited New Name Vama Industries Limited Scrip ID VAMA Abbreviated Name VAMA IND 4. Members may please note that 3,37,500 equity shares of the Company bearing distinctive nos. 15,02,251 to 18,39,750 are non-transferable for 3 years from date of listing and therefore these shares would not be good delivery in the market till 24.03.2008. The company has confirmed that the share certificates have been enfaced with a stamp regarding its non-transferability. 5. The company's financial year ends on 31st March. (As per BSE Notice dated on 15/03/2005)
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