|Alembic Ltd has informed BSE that by an Order made on the August 02, 2010 and further order made on August 09, 2010, in the above Company Application, the Hon'ble High Court of Gujarat at Ahmedabad has directed that a meeting of the Equity Shareholders of the Company will be held on September 16, 2010., for the purpose of considering and, if thought fit, approving with or without modification(s), the Composite Scheme of Arrangement in the nature of De-merger and Transfer of the Pharmaceutical Undertaking of Alembic Ltd to Alembic Pharma Ltd and consequential Re-organisation of Share Capital in form of utilisation of the Share Premium Account of Alembic Ltd, proposed between the Applicant Company and its Equity Shareholders.
Alembic Ltd has informed BSE that pursuant to the directions issued by the Hon'ble High Court of Gujarat vide order dated August 02, 2010, the meetings of the Secured Creditors, Un-secured Creditors, Shareholders and Fixed Depositors of the Company were convened on September 16, 2010 and at the respective meetings, unanimous approval has been granted to the Composite Scheme of Arrangement in the nature of demerger and transfer of Pharmaceutical Undertaking of Alembic Ltd. to Alembic Pharma Ltd. and consequential re-organization of Share Capital in form of utilization of the Share Premium Account of Alembic Ltd. The Chairman's report in this regard is being submitted to the Hon'ble High Court of Gujarat.
The said scheme is now subject to requisite approvals and sanctions, inter-alia, of the Hon'ble High Court of Gujarat.
(As Per BSE Announcement Dated on 17.09.2010)
|Alembic Limited has informed the Exchange that the BoD's of the company at its meeting held on October 26, 2004 has, inter alia, approved the proposal to issue upto 1200000 Equity Shares of Rs.10/- each at a price not below the price to be determined as per the SEBI Guidelines relating to preferential issue to the promoter group subject to Shareholder's approval and other necessary permissions, if required. The approval of the members pursuant to section 81(1A) and SEBI Guidelines relating to Preferential Issue shall be taken in the EGM of the company to be held on November 26, 2004.
Alembic Limited has informed the Exchange that an EGM of the members of the Company will be held on November 26, 2004 to create, offer, issue and/or allot for cash on a preferential basis upto 1200000 equity shares of Rs.10/- each in aggregate, at the rate of Rs.161/- per share (including premium of Rs.151/- per share) on such terms as may be deemed appropriate by the Board to the following persons forming part of the Promoters Group of the Company : 1) Shreno
Investment & Finance Limited - 400000 equity shares; 2) Sierra Investments Limited - 400000 equity shares; 3) PSU Chemicals Private Limited - 100000 equity shares; 4) Whitefield Chemtech Private Limited - 200000 equity shares; 5) Whitefield Medicare Private Limited - 100000 equity shares
(As per NSE Bulletin dated on 09/11/2004)
The Company has informed that at the EGM held on 26th November, 2004 members approved the proposal to issue upto 12,00,000 Equity Shares of Rs 10 each at a price of Rs. 161/- ( including premium of Rs. 151/- per shares) to the promoter group compnies on Preferential Allotment basis.
(As per BSE Bulletin dated on 29/11/2004)
Alembic Limited has informed the Exchange that the members of the company at its EGM held on November 26,2004 have passed a special resolution for issuance of 12,00,000 equity shares of Rs.10/- each,in aggregate,at the rate of Rs.161/- per share(including premium of Rs.151/- per share)to promoter group companies
on preferential basis in terms of SEBI(Disclosure & Investor protection ) Guidelines,2000 for preferential Allotment,as in force.
(As per NSE Bulletin dated on 01/12/2004)
Alembic Limited has informed the Exchange that the BoDs of the company, in its meeting held
on February 12, 2004, has recommended to issue Bonus Equity Shares in the proportion of 2:1 i.e. 2 fully paid up Bonus Equity Shares of Rs.10/- each for every 1 existing fully paid equity share of Rs.10/- each held as on the record date to be announced later on. The said Bonus shares will also be issued in the said proportion on the shares to the allottees of recent Rights Issue provided the allottees pay full amount called up on or before the record date. The company has convened EGM on March 12, 2004 to approve
issue of Bonus Shares in accordance with the provisions of the Companies Act, 1956 and that of the Articles of Association of the Company.
(As per NSE Bulletin datedc on 12/02/2004)
Alembic Limited has informed the Exchange that pursuant to the Resolution passed in the
Extra-ordinary General Meeting of the Company held on March 12, 2004, the Allotment Committee duly constituted by the Board of Directors of the Company, at its meeting held on March 30, 2004, have allotted 1,76,19,742 Equity Shares of Rs. 10/- each as fully paid up Bonus Shares, on 88,09,871 fully paid up existing equity shares of Rs. 10/- each of the Company to the shareholders whose names appear in the Register of Members on the Record Date i.e. March 27, 2004. Further, the company informed that, the Bonus entitlement have been deferred on the shares issued under the rights Offer and which have not been made fully paid-up till the Record Date i.e. March 27, 2004. Bonus shares on such shares shall be allotted if they are made fully paid up on or before April 30, 2004. Total 20,579 equity shares issued under the Rights Offer are partly paid-up as on Record date i.e. March 27, 2004.
(As per NSE BUlletin dated on 31/03/2004)