OCL India

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The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for OppenheimerFunds Inc

OCL India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30 2018. For more details kindly <a href=http://www.bseindia.com/corporates/shpSecurities.aspx?scripcd=502165&qtrid=99.00>Click here

OCL India Ltd (OCL) has informed BSE that the Company has fixed Record Date as October 26 2018 for the purpose of Issue and allotted in terms of the Scheme 1 (one) fully paid Equity Share of face value of INR 10/- each of Odisha Cement Ltd (ODCL) for every 1 (one) fully paid Equity Share of face value of INR 2/- each held in OCL.

This is in connection with the above referred letters dated July 12 2016 vide which the Scheme of Arrangement and Amalgamation (Scheme) involving merger of OCL India Limited (Company) and other entities into Odisha Cement Limited (ODCL) was approved by your good offices. Further the Scheme has since been sanctioned by the National Company Law Tribunal Division Bench Chennai (NCLT) vide its order dated February 19/28 2018. The requisite compliances under Regulation 37(5) of the SEBI (LODR) Regulations 2015 read with Para II.A.2 of Annexure I of the SEBI Circular CIR/CFD/CMD/16/2015 dated November 30 2015 have been done with your good offices vide our letter dated March 8 2018. <BR> <BR> The Board of Directors of the Company and other entities involved in the Scheme in their respective Board meeting(s) held today i.e. October 15 2018 resolved and approved October 26 2018 to be the date for implementing the Scheme (Implementation Date) with effect from the Appointed Date i.e. January 01 2015. The Company shall accordingly stand dissolved and trading of the Companys securities shall stop with effect from October 25 2018. <BR> <BR> It is further notified that Odisha Cement Limited has in its Board meeting held today October 15 2018 fixed October 26 2018 (Record Date) for determining the shareholders of the Company to whom its shares will be issued and allotted in terms of the Scheme. Further Odisha Cement Limited has also resolved to list such shares on BSE Limited and National Stock Exchange of India Limited.<BR> <BR> Please take the above on record. <BR>

<BR> Press Release<BR> Implementation of the amalgamation scheme involving OCL DCEL and ODCL<BR> Intimation of Record Date of OCL India Limited<BR> <BR> The Board of Directors (BOD) today approved the implementation of the scheme of Arrangement and Amalgamation of OCL India Limited (OCL) and Dalmia Cement East Limited (DCEL) & other associates into Odisha Cement Limited (ODCL). Post-merger ODCL shall be renamed as OCL India Limited.<BR> The BOD fixed October 26 2018 as the Record Date for determining the eligible shareholders of OCL for issue of ODCL shares on merger. Consequently the shares of OCL India Limited shall cease to trade w.e.f. Oct. 26 2018.<BR> The implementation timelines of amalgamation of DBL shall be communicated shortly.<BR> <BR>