Alembic Ltd - 506235 - Apportionment Of Cost Of Acquisition Of Equity Shares Of Alembic Limited And 7% Non-Convertible Cumulative Redeemable Preference Shares Of Shreno Limited Pursuant To The Composite Scheme Of Arrangement
With reference to the captioned matter, please find enclosed herewith the communication being issued for general guidance of Equity Shareholders of the Company in relation to the apportionment of the pre-demerger cost of acquisition between the equity shares of Alembic Limited and the 7% Non-Convertible Cumulative Redeemable Preference Shares (7% NCRPS) of Shreno Limited for the purposes of the Income-tax Act, 1961. The same is also available on the website of Alembic Limited. A copy of the above communication will also be sent to all those shareholders to whom the 7% NCRPS are issued along with the allotment advice by Shreno Limited. Please take note of the above information on your record.13-09-2019