Dalmia Bharat Sugar and Industries Ltd

• Scheme of arrangement between two companies effective Oct 9, 2025. • Appointed date set as July 1, 2023. • Share swap ratio: 1 new share for every 48.18 old shares. • Record date for eligibility fixed at Oct 31, 2025.

🔍 Understanding the Scheme of Arrangement

• Dalmia Bharat Sugar and Industries Limited (Demerged Company) and Dalmia Bharat Refractories Limited (Resulting Company) have finalized a scheme.
• The scheme became effective on October 9, 2025, after necessary legal approvals.

📅 Key Dates to Know

• The appointed date is July 1, 2023, which is the effective date from when the arrangement’s accounting and transfer take place.
• The Record Date is fixed as October 31, 2025. This date determines which shareholders are eligible to receive shares in the new resulting company.

🔄 Share Exchange Ratio

• Shareholders of the demerged company will receive 1 fully paid equity share of face value INR 10 in the resulting company for every 48.18 fully paid-up equity shares of INR 2 each held in the demerged company.

🤝 What This Means for Shareholders

• Existing shareholders need to hold shares as of the record date to be eligible.
• Their shareholding in the new company will be adjusted according to the specified ratio.

📈 Possible Perceptions

• Such schemes are typical during corporate restructurings.
• It reflects business consolidation or strategic reorganization.
• Investors might look to understand the benefits or changes arising from this restructuring.

Overall, this update provides precise information on share entitlements post-scheme and relevant dates, helping shareholders stay informed about the changes affecting their holdings.