Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby submit the Composite Scheme of Arrangement between Visagar Polytex Limited and its Equity Shareholders (Scheme) for your information and records.The Scheme provides for reduction of share capital issue and allotment of Preferential Equity Shares and Preferential Warrants and related terms and conditions.