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RSWM fixes record date for scheme of arrangement

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Capital Market

Record date is 22 May 2015

RSWM announced that the Company has fixed 22 May 2015 as record date for the purpose of allotment of Optionally Convertible Redeemable Preference Shares (OCPRS) of the Company under scheme of arrangement as approved by Honorable High Coutr(s), to the shareholders of Cheslind Textiles in the ratio of 1 (one) fully paid Optionally Convertible Redeemable Preference Shares (OCPRS) of Rs. 7.50 each at par of RSWM for every 1 (one) fully paid up equity shares of Rs. 10/- each held in Cheslind Textiles.

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First Published: May 14 2015 | 5:18 PM IST

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