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Gufic BioSciences Ltd. — M&A Activity 2018
Sep 21, 2018
62128_rns_2018-09-21_0a402a60-d9f1-414d-a833-4be8ae577c27.pdf
M&A Activity
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- GUFIC BIOSCIENCES LIMITED
Corp. Office . 1st. to kar Road, Vile Parle (East), Mumbai - 400 057. ax. 91-22) 6726 l 068 Email: [email protected]( h r!� : _a ����;���;tto�� :a CIN L65990MH1984PLC0335 l 9 h
120/LG/SE P /SE/2018/G BSL
September 20, 2018
To, Listing Department, Listing Department, National Stock Exchange of India Limited Bombay Stock Exchange Limited, Exchange Plaza, Bandra Kurla Complex, PhirozeJeejabhoy Towers, Dalal Street, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Security Code : GUFICBIO Security Code: 509079 To,
Dear Sirs,
Sub: Amalgamation of Gufic Lifesciences Private Limited (Transferor Company) with Gufic Biosciences Limited (ransferee Company or "the Company") with their respective Shareholders and Creditors.
With reference to captioned subject, we would like to inform you that the Board of Directors of the Company at its Meeting held today i.e. September 20, 2018, inter alia has approved the Scheme of Amalgamation of Gufic Lifesciences Private Limited with the Company and their respective shareholders and creditors.
The details as required under SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed herewith as Annexure 'A'.
The Meeting commenced at 12.00 p.m. and concluded at 4.30 p.m.
Kindly take the same on record.
Thanking You,
Yours Faithfully,
For Gufic Biosciences Limited �� Ami Shah Company Secretary Membership No. A39579
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Facto . N f I H' h . . f' Regd. Off.: 37, First Floor, Kamala Bh ovan II, S. Nityananad Road. Andheri (East). Mumbai_ 400 069 ry. a iona 19 way No. 8, Near Gnd, Kabilpore, Novsari - 396 424 •Tel.No.: (02637)329424/239946 www.gu ic.com
- GUFIC BIOSCIENCES LIMITED
Corp. Office : l st, to 4th Floor, SM House, 11 Sahakar Road, Vile Parle (East), Mumbai - 400 057. Tel.: (91-22) 6726 1000 Fax: (91-22) 6726 1068 Email : [email protected] CIN L65990MH l 984PLC0335 l 9 In consideration of the amalgamation, Gufic Biosciences Limited shall issue and allot to every Equity Shareholder of Gufic Lifesciences Private Limited, 24 (Twenty Four) Equity shares of Face Value of Re. 1/- each for every 1 (One) Equity shares of Face Value of Rs. 10/- each held by member in Gufic Lifesciences Private Limited.
Also, 58,87,662 equity shares of Face Value of Re. 1/- each to be issued to Gufic Private Limited, the holding Company of Gufic Lifesciences Private Limited against the outstanding unsecured loan of Rs. 75.22 crores availed by Gufic Lifesciences Private Limited.
Brief details of change in Shareholding Pattern (if any) of the listed entity, as on date
The National Company Law Tribunal, Mumbai bench (NCLT) on Thursday, September 6, 2018, pronounced the order sanctioning the Scheme of Merger by Absorption of Gufic Stridden Bio-Pharma Private Limited (Transferor Company) with Gufic Biosciences Limited (Transferee Company) and their respective shareholders. However, the same would be effective on filing the requisite form with the Registrar of Companies, Mumbai.
The below shareholding pattern of pre and post amalgamation of Gufic Biosciences Limited (GBSL) is without taking into consideration the amalgamation of Gufic Stridden Bio-Pharma Private Limited with the Company
| Category | Pre-Amalgamationshareholding of GBSL | Postamalgamationlikelyshareholding of GBSL |
|---|---|---|
| Promoters | 65.73% | 72.16% |
| Public | 34.27% | 27.84% |
The below shareholding pattern of pre and post amalgamation of Gufic Biosciences Limited is taking into consideration the amalgamation of Gufic Stridden Bio-Pharma Private Limited with the Company
| CategoryPromoters | Pre-Amalgamationshareholding of GBSL | Postamalgamationlikelyshareholding of GBSL72.15% |
|---|---|---|
| 65.73% | ||
| Public | 34.27% | 27.85% |
You are requested to take the same on record.
Yours faithfully,
For Gufic Biosciences Limited �� AmiN.Sh� Company Secretary Mem No. A39579
Regd. Off.: 37, First Floor, Kamala Bhovan II, S. Nityananad Road. Andheri (East). Mumbai - 400 069 www.gufic.com Factory: Notional Highway No. 8, Near Grid, Kobilpore, Navsori - 396 424 •Tel.No.: (02637)329424/239946