Reliance Capital Limited announced record date of 6th September 2017 for reliance home finance demerger Enjoy all Reliance Capital Limited!!
The Honble National Company Law Tribunal, Mumbai Bench vide Order dated August 10, 2017 has sanctioned the Scheme of Arrangement between Reliance Capital Limited (Reliance Capital Limited / Demerged Company) and Reliance Home Finance Limited (RHFL / Resulting Company) and their respective shareholders and creditors.
In terms of the Scheme, Equity Shares of Rs.10/- of RHFL is to be issued and allotted to the shareholders of Reliance Capital Limited in the ratio of 1:1.
We wish to inform that the Company has fixed Wednesday, September 6, 2017 as Record Date for the purpose of determining the equity shareholders of Reliance Capital Limited to whom Equity Shares will be allotted by RHFL.
A duly completed Form being intimation of the Record Date is attached herewith for your information and record.
We request you to consider this as Notice pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take the same on record and inform your members accordingly.