News Announcement

Fairdeal Filaments: Intimation Of Record Date As Per Regulation 42 (1) (E) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

With reference to the captioned subject we have to inform you that Friday 14th June 2019 has been fixed as the Record Date for the purpose of Merger by Absorption of Fairdeal Filaments Limited (The Company/ Transferor Company) by Shahlon Silk Industries Limited (Transferee Company/ SSIL/ Resulting Company) for determining the entitlement of the equity shareholders of Fairdeal Filaments Limited to receive pursuant to the Scheme fully paid up equity shares of Shahlon Silk Industries Limited (Resulting Company/ SSIL) in the ratio of 1 equity share of Rs. 10 each credited as fully paid up in Shahlon Silk Industries Limited for every 0.90 equity share of Rs. 10/- each fully paid up held by equity Shareholders in Fairdeal Filaments Limited. Further please be informed that the total no. of new shares to be issued and allotted by SSIL to the Equity Shareholders of FFL may vary from the total number of shares on account of fractional entitlement as mentioned above and as per clause 8.8 and 8.9 of the Scheme of Merger.

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