General Announcement::Approval of Composite Scheme of Arrangement

Issuer & Securities

Issuer/ Manager
ULTRATECH CEMENT LIMITED
Securities
ULTRATECHUS$400M2.8%N310216A - US90403YAA73 - MTZB
ULTRATECHUS$400M2.8%N310216R - USY9048BAA18 - WQ5B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Nov-2024 21:21:54
Status
New
Announcement Sub Title
Approval of Composite Scheme of Arrangement
Announcement Reference
SG241126OTHR0OZC
Submitted By (Co./ Ind. Name)
Sanjeeb Kumar Chatterjee
Designation
Company Secretary and Compliance Officer
Description (Please provide a detailed description of the event in the box below)
The Hon'ble National Company Law Tribunal, Mumbai Bench ( Hon ble Tribunal ) has today, sanctioned the Composite Scheme of Arrangement between Kesoram Industries Limited and UltraTech Cement Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 ( Scheme ).
A copy of the order of the Hon ble Tribunal sanctioning the Scheme, as uploaded on their website is attached herewith.
The Scheme will become effective on the first day of the month immediately succeeding the month in which the conditions mentioned under Clause 21 of the Scheme are fulfilled.
The above is for your information and record.

Attachments

SE_ IntimationNCLTorder.pdf
Total size =984K