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Pneumatic Holdings: Updates


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Ref.: Scrip Code 539347 Sub: Intimation under Regulation 30 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, Please note pursuant to Regulation 30 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that, Kirloskar Pneumatic Company Limited (KPCL), a listed material subsidiary of the Company has informed to stock exchange as under: 1. The Honble National Company Law Tribunal, Mumbai Bench on April 19, 2017 pronounced the Order sanctioning the Scheme of Arrangement and Amalgamation (the Scheme) between Kirloskar RoadRailer Limited (?Transferor Company I), Pneumatic Holdings Limited (?Transferor Company II) and Kirloskar Pneumatic Company Limited (?Transferee Company) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. 2. KPCL is awaiting the certified copy of the Order of the Honble National Company Law Tribunal, Mumbai Bench for further actions. 3. Upon receipt of the certified copy of the Order, the KPCL will file the said Order with the Registrar of Companies as required under Companies Act, 2013. A copy of the intimation of KPCL to stock exchange is enclosed herewith.