Welspun India Ltd has informed BSE that the Company has fixed June 26, 2009 as the Record Date for Scheme of Arrangement - for determining the shareholders for issue of shares by Welspun Global Brands Ltd and Welspun Investments Ltd ("Issue of Shares") under the Composite Scheme of Arrangement in the nature of Demerger and transfer of Marketing Division of Welspun India Ltd to Welspun Global Brands Ltd and Investment & Treasury Division to Welspun Investments Ltd 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.
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