DCHL

Deccan Chronicle Holdings Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on February 22, 2013 has considered and approved the Draft Scheme of Arrangement with Creditors/Lenders including the demerger of undertaking of the Company as per the provisions of the Section 391 - 394 Companies Act, 1956.

Deccan Chronicle Holdings Limited has informed the Exchange that the High Court of Andhra Pradesh vide its Order dated April 15, 2011 has sanctioned the Scheme of Amalgamation for merger of company's wholly owned subsidiaries viz., Deccan Chargers Sporting Ventures Ltd.; and Odyssey India Ltd. with itself.

Deccan Chronicle Holdings Limited has informed the Exchange vide its letter dated April 11, 2011 that the High Court of Andhra Pradesh vide its Order dated March 09, 2011 has sanctioned the Scheme of Amalgamation for merger of company's wholly owned subsidiary Netlink Technologies Ltd. with itself.

Deccan Chronicle Holdings Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on November 12, 2010 have approved: (1) The Scheme of Amalgamation ('the Scheme') for merger of company's wholly owned subsidiary Netlink Technologies Limited with itself under the provisions of sections 391 to 394 of the Companies Act, 1956. The Appointed date of the amalgamation is April 1, 2010 and is subject to the sanction of Hon'ble High Court of Andhra Pradesh, Hyderabad. The transferor company being a wholly owned subsidiary no fresh shares will be issued by the co

Deccan Chronicle Holdings Ltd. has informed the Exchange that the High Court of Andhra Pradesh vide its Order dated March 12, 2010 has sanctioned the Scheme of Amalgamation for merger of company's wholly owned subsidiaries viz., Asianage Holdings Ltd.; Deccan Chronicle Bangalore Ltd.; and Sieger Solutions Ltd. with itself.

Deccan Chronicle Holdings Ltd. has informed the Exchange that the following persons belonging to the Promoter Group have sold shares of Deccan Chronicle Holdings Ltd. on October 12, 2006 in the price range of Rs.515 to Rs.520 per share as under :- Name of Promoter - T. Venkattram Reddy; No. of shares Sold in BSE - 6,00,000; No. of shares Sold in NSE - Nil; Total No. of shares sold - 6,00,000; Shares sold as % of Total No. of shares - 1.455%; Name of Promoter - T. Vinayak Ravi Reddy; No. of shares Sold in BSE - 3,00,000; No. of shares Sold in NSE - 3,00,000; Total No. of shares sold - 6,00,000;

Deccan Chronicle Hold Ltd has informed the Exchange that the proposed scheme of Amalgamation and proposed petition to be filed before the Hon'ble High Court of Andhra Pradesh and Hon'ble High Court of Tamil Nadu, under sections 391 to 394 of the Company's Act 1956 in connection with Amalgamation of M/s. Deccan Chronicle Holdings Limited and M/s. Odyssey India Limited a 100% subsidiary of Deccan Chronicle Holdings Ltd (unlisted Company) has been duly approved by its Board Meeting held on December 26, 2005. A copy of the Extracts of the Minutes of the BODs held on December 26, 2005 shall be avai

Deccan Chronicle Hold Ltd has informed the Exchange that the company has acquired 67%, 51,949 Equity shares of Rs. 10/- each of Asian Age Holdings Ltd., from the following shares holders of the Asian Age Holding Ltd in addition the company has already holding 23% of equity shares of Asian Age Holding Ltd. The shares acquired from the members of Asian Age Holdings Ltd is as under: 1)Sri.. M.J.Akbar- 20,050 Equity shares, 26% of the total share holding. 2)United Breweries- 17,729 Equity shares, 23% of the total share holding. 3)Zee Telefilms - 11,570 Equity shares, 15% of the total share hold

The revenue and the brand ownership will be transferred to Deccan Chronicle Holdings Ltd, with the Asian Age Brand expected to contribute (i.e) Rs.75 crores to Rs. 100 crores to the top line by Fiscal 2007. Further the Board of Directors have approved in its meeting held on May 23, 2005 in respect of the acquisition of the said shares of the Asian Age Holdings Ltd.. A copy of the board resolution in respect of the acquisition shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).