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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 in continuation to their Letter No. SEC/149 dated April 20, 2017, that KPCL is enclosing certified copy of the Order received from Honble National Company Law Tribunal, Mumbai Bench 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 the Companies Act, 2013 read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. A copy of the intimation of KPCL to stock exchange is enclosed herewith. You are requested to take the same on your record.