Pee Cee Cosma Sope Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 15, 2012, inter alia, to Issue 12% Non-cumulative Compulsorily Redeemable Preference Shares of Rs. 100 each to the Shareholders of the Transferor Company - Pee Cee Soap and Chemicals Pvt Ltd, in terms of the Scheme of Arrangement for <br/><br/>(a) De-merger of Real Estate Business 1 to 4 of Pee Cee Soap and Chemicals Pvt Ltd into Shree Riddhi Siddhi Realtech Pvt Ltd. Maya Infracon Pvt Ltd, M2 Reality Pvt Ltd and Pee Cee Realty Builders Pvt Ltd, respectively; and <br/><br/>(b) Amalgamation of Pee Cee Soap and Chemicals Pvt Ltd (with "Doctor" Brand, Soap Business and other residual business) with Pee Cee Cosma Sope Ltd as approved by the Hon'ble Allahabad High Court vide its order dated July 05, 2011, and other connected matters.
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