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Chemfab Alkalis fixes record date for scheme of amalgamation

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Capital Market
Last Updated : May 17 2017 | 12:01 AM IST

Record date is 26 May 2017

Chemfab Alkalis announced that the Record date for determining the eligible shareholders of the merged entity viz., Chemfab Alkalis for allotment of shares of the Company, on the basis of the swap ratio ( '10' Equity Share of Rs.10/- each in Teamec Chlorates credited as fully paid up for every '7' Equity Shares of Rs. 5 each fully paid up and held by such member in the merged entity Chemfab Alkalis) as per the Scheme of Amalgamation approved by NCLT has been fixed as Friday, the 26 May 2017.

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First Published: May 16 2017 | 6:58 PM IST

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