Ravindra Trading & Agencies Ltd approves allotment of 121476000 shares

The Board of Directors of Ravindra Trading & Agencies Ltd at its meeting held on June 27, 2014, considered and approved the allotment of 121,476,000 Equity Shares of Rs. 10/- each in the Company, the Company being the Transferee Company, to the shareholders of the Transferor Company, in accordance with the share exchange ratio of 1:1, pursuant to the Scheme of Amalgamation sanctioned by the Hon'ble High Court of Judicature at Bombay and the Hon'ble High Court of Karnataka at Bangalore.

111,946,000 Equity Shares of Rs. 10/- each credited as fully paid up and 95,30,000 Equity Shares of Rs. 10/- each credited as partly paid up at Re. 1/- each were allotted.
The Board further noted, the Order passed by the Regional Director, Western Region, Mumbai, approving the alteration of the memorandum of association, for transfer of the registered office of the Company from the State of Maharashtra to the State of Karnataka.