In compliance with Regulation 30 of SEBI (LODR) Regulations, 2015 ('SEBI listing Regulations'), read with SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, we write to advise you that the Board of Directors of Rossell India Limited ('Board') at its Meeting held this afternoon at its Registered Office of the Company (attended virtually buy the Directors) has approved the Scheme of Amalgamation ('Scheme') between BMG Enterprises Limited ('Transferor Company') and Rossell India Limited ('Transferee Company') and their respective shareholders pursuant to the provisions of Sections 230 to 232 read with Section 66 and other applicable provisions, if any, of the Companies Act, 2013, subject to the requisite approvals and sanction of the jurisdictional bench of National Company Law Tribunal ('NCLT') and subject to the approval of the shareholders and / or the creditors of the Company, Central Government, or such other competent authority as may be directed by the NCLT
|