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Welspun India Limited has informed the Exchange that the company hereby fixes June 26,2009 as the Record Date for determining the shareholders for issue of shares by Welspun Global Brands Limited and Welspun Investments Limited ("Issue of Shares") under the Composite Scheme of Arrangement in the nature of Demerger and transfer of Marketing Division of Welspun India Limited to Welspun Global Brands Limited and Investment & Treasury Division to Welspun Investments Limited and Restructure of Capital of these companies (the "Scheme"). The Scheme has been sanctioned pursuant to an order passed by the Honble High Court of Judicature at Gujarat, Ahmedabad on May 08, 2009 and made effective from June 12, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
10.54 AM Jun 17th 2009  | Track

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