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Fairdeal Filaments: Board Meeting Intimation for Allotment Of Shares Pursuant To Scheme Of Merger By Absorption Of Fairdeal Filaments Limited By Shahlon Silk Industries Limited.


FAIR DEAL FILAMENTS LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/06/2019 inter alia to consider and approve 1. To issue and allot 1 Equity Share of Shahlon Silk Industries Limited (SSIL) to the Shareholders of Fairdeal Filaments Limited (FFL) for every 0.90 Equity Share held whose name appears on the Register of Members of Fairdeal Filaments Limited on the Record Date i.e. 14th June 2019 pursuant to Scheme of Merger by Absorption of Fairdeal Filaments Limited by Shahlon Silk Industries Limited vide NCLT Order dated 10th May 2019. Further the total no. of new shares to be issued and allotted by SSIL to the Equity Shareholders of FFL may vary from the total number of shares on account of fractional entitlement as mentioned above and as per clause 8.8 8.9 and 8.10 of the Scheme of Merger.

2. Any other Matter with the permission of the chair.

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