19th March 2008

 

N O T I C E

 

Re : Scheme of Arrangement of  Eq. Shares of REI AGRO LTD.

 

 

Members of the Exchange are hereby informed that the following Company has announced 29-09-2008 as Record Date for the purpose as mentioned below, and accordingly, the under noted scrip will not be available for trading during the period as stated hereunder: -

 

Name of the Scrip

Scrip Code

Reason of Suspension

  No-Dealings

 

REI AGRO LTD.

28202

&

10028202

Scheme of Arrangement: -
1) Demerger of Retail Undertaking of Rei Agro Ltd. into REI Six Ten Retail Ltd

Upon the transfer and vesting of the Retail Undertaking of Rei Agro Ltd. in REI Six Ten Retail Ltd., REI Six Ten Retail Ltd. shall issue and allot 9 (NINE) equity shares of face value of Rs.10/- each fully paid, for every 20 (TWENTY) equity shares of Rs.10/- each held in Rei Agro Ltd.

2. Reduction of Share Capital: -

The issued, subscribed and paid up equity share capital of Rei Agro Ltd. shall be reduced by canceling a sum of Rs.4/- from each paid-up Equity share of Rs.10/- each and thereafter consolidating 5 (FIVE) Equity Shares of Rs.6/- each of the company into 3 (THREE) Equity Shares of Rs.10/- each fully paid-up in the company.

3. Payment of Final Dividend @15%.

 

     22-09-2008

   

Members of the Exchange are hereby advised not to deal in equity shares of the aforesaid Company with effective from 22-09-2008.

 

Secretary