AI assistant
Ador Welding Ltd. — M&A Activity 2024
Sep 25, 2024
59218_rns_2024-09-25_5cf5f936-1bee-4414-8de5-fbd82f508bd2.pdf
M&A Activity
Open in viewerOpens in your device viewer
25[th] September, 2024
AWL/SEC/SE/2024-25/85
==> picture [100 x 54] intentionally omitted <==
BSE LTD.
NATIONAL STOCK EXCHANGE OF INDIA LTD.
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, 1[st] Floor, Dalal Street, Bandra-Kurla Complex Fort, Mumbai – 400 023 Bandra (East), Mumbai - 400 051. Company Scrip Code: 517041 Company Symbol: ADORWELD
Dear Sir / Madam,
Sub: “Effectiveness” of Scheme of Amalgamation (Merger by Absorption) of Ador Fontech Limited with Ador Welding Limited and their respective Shareholders
Ref: Disclosure under Regulation 30 (7) of SEBI (Listing Obligations and Requirements) Regulations, 2015
In furtherance to our letter dated 12[th] September, 2024 and with reference to the Scheme of Amalgamation of Ador Fontech Limited ("Transferor Company" / "ADFL") with Ador Welding Limited ("Transferee Company" / "AWL" / "the Company'') & their respective Shareholders ("the Scheme") and the captioned subject matter, this is to inform you that the Company has filed the Certified Copy of the Final Order of the said Amalgamation, pronounced / issued by Hon’ble NCLT, Mumbai bench, vide Form INC-28, on the portal of the Ministry of Corporate Affairs (MCA) / with the Registrar of Companies (RoC), Mumbai, today, i.e. on Wednesday, 25[th] September, 2024, to make the said Scheme effective from Wednesday, 25[th] September, 2024 (“Effective Date”).
Upon the scheme coming into effect i.e. from the Effective Date,
“5 (Five) equity shares of AWL having a face value of INR 10/- each, fully paid-up, shall be issued for every 46 (Forty-six) equity shares held in ADFL, having a face value of INR 2/- each, fully paid-up, to the Shareholders of ADFL as on the Record Date ”
We hereby request you to kindly take the above information on record and acknowledge its receipt.
Thanking you,
Yours Sincerely,
For ADOR WELDING LIMITED
VINAYAK Digitally signed by VINAYAK MANOHAR MANOHAR BHIDE BHIDE Date: 2024.09.25 14:03:08 +05'30' VINAYAK M. BHIDE COMPANY SECRETARY
ADOR WELDING LIMITED
Regd. & Corporate Office: Ador House, 6, K. Dubash Marg, Fort, Mumbai - 400 001 – 16, Maharashtra, India.
+91 22 6623 9300 I www.adorwelding.com
1800 233 1071 I [email protected] I +91 20 40706000 | CIN: L70100MH1951PLC008647