JINDALFOTO

Jindal Photo Limited has informed the Exchange that the company has issued and allotted 32326366 Nos. new equity shares to the members whose names appear in the register of members as on December 29,2004 (the record date) and the benpos furnished by NSDL and CDSIL as on that date. Every shareholder has got 76 new shares of Rs.10/- each fully- up for every 100 shares of Rs.10/- each fully-up held by them. These equity shares were issued in lieu of old shares in the reduced and consolidated share capital as per the Scheme of Arrangement of the Company. The company has further informed that all t

Jindal Photo Limited has informed the Exchange that the Company has fixed December 29, 2004 as the Record Date for the purpose of issue of new shares due to reduction and reorganization of Share capital as per the Scheme of Arrangement for de-merger approved by the Hon'ble High Court of Uttaranchal at Nainital. Every shareholder of the Company will get new 76 shares of Rs.10/- each in lieu of every 100 shares held by him as on December 29, 2004. The Shareholders will also get 24 shares of Rs.10/- each of the Consolidated Photo Products Limited (to be known as Jindal Photo Limited) in lieu of e

Jindal Photo Limited has informed the Exchange that the Hon'ble High Court of Uttaranchal at Nainital has sanctioned the Scheme of Arrangement for the demerger of the photographic business of the Company, filed under Sections 391 to 394 of the Companies Act, 1956, into Consolidated Photo Products Limited. The Judgment sanctioning the Scheme was pronounced in the Court on October 28, 2004 and a copy of the Order followed by the formal order is expected to be received in a few days time. On receipt of the formal order, the process of implementation of the Scheme will commence and the Company wil