Greenply Industries Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on September 30, 2013, has considered and approved a composite Scheme of Arrangement between Greenply Industries Limited ('the Company/Greenply') and Greenlam Industries Limited, a wholly owned subsidiary of the Company and their respective shareholders and creditors. The Scheme, inter alia, envisages demerger of the Decorative Business (comprised of Laminates and Allied Products) of Greenply with all its assets and liabilities, into Greenlam Industries Limited. The Scheme shall be subject to approvals by Shareholders, Creditors, Stock Exchanges, SEBI, other Regulatory authorities as applicable and the Hon'ble Gauhati High Court. The equity shareholders of Greenply shall receive one equity share of Greenlam Industries Limited for every equity share held in Greenply on the Record Date. As part of the Scheme, Greenlam shall also seek listing on the Stock Exchange(s). Greenply Industries Ltd has informed BSE that at the hearing held on October 31, 2014, the Hon'ble Gauhati High Court, has approved the composite Scheme of Arrangement under Sections 100 to 104 and 391 to 394 of the Companies Act, 1956 between Greenply Industries Limited ('Greenply') and Greenlam Industries Limited ('Greenlam'), a wholly owned subsidiary of Greenply, and their respective shareholders and creditors, for demerger of the Decorative Business (comprising of Laminates and Allied Products) of Greenply with all its assets and liabilities, into Greenlam with effect from April 01, 2013 (Appointed Date). (As Per BSE Announcement Dated on 31.10.2014) Greenply Industries Ltd has informed BSE that the Company has fixed Record Date as November 27, 2014 for the purpose of ascertaining the name of shareholders of the Company who will be eligible to receive the equity shares of Greenlam Industries Limited with respect to the Demerger of the Decorative Business (comprising of Laminates and Allied Products) of Greenply Industries Limited with all its assets and liabilities into Greenlam Industries Limited. (As Per BSE Announcement Dated on 19.11.2014) SUB. :- Scheme of Arrangement of Greenply Industries Ltd. (Scrip Code 526797) Trading Members of the Exchange are hereby informed that, Greenply Industries Ltd. has fixed the Record Date for the purpose of determining entitlement to the shareholders of the Company pursuant to the Scheme of Arrangement (Demerger) of the Company approved by the Hon'ble Guwahati High Court at Guwahati: COMPANY NAME CODE Greenply Industries Ltd. (526797) RECORD DATE 27/11/2014 PURPOSE Scheme of Arrangement: - Upon the Scheme coming into effect and in consideration of the demerger and transfer of Decorative Business of Greenply Industries Ltd, Greenlam Industries Ltd. shall issue and allot equity shares to all equity shareholders of Greenply Industries Ltd in the following ratio: '1 (ONE) equity share of Rs.5/- each, in Greenlam Industries Ltd for every 1 (ONE) equity share of Rs.5/- each held in Greenply Industries Ltd'. EX-ENTITLEMENT FROM DATE & SETT. NO. 26/11/2014 DR-160/2014- 2015 Note: Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated September 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 November 26, 2014 and 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 on November 26, 2014. Subject to compliance with requisite formalities the resulting company i.e. Greenlam Industries Ltd will be listed on BSE Limited. (As Per BSE Notice Dated on 20.11.2014)