Fermenta Biotech Ltd - 506414 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Further to our intimation dated October 4, 2021 in this regard, and in terms of requirement of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that the Board of Directors, based on the recommendations of the Audit Committee and the Committee of Independent Directors, has considered and approved a Composite Scheme of Amalgamation and Arrangement (the 'Scheme') presented under Section 230 to 232 read with other applicable provisions of the Companies Act, 2013 ('the Act') and the Rules framed thereunder. Further the Board has given authorisation to file the Scheme along with relevant disclosures, documents, certifications, and undertakings with the stock exchange. Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed herewith as Annexure 1.11-10-2021