WELGLOB

Welspun India Limited has informed the Exchange that the Composite Scheme of Arrangement between the Company, Welspun Global Brands Limited and Welspun Retail Limited has been approved by the Honorable High Court of Gujarat at Ahmedabad on November 26, 2012. The Scheme has become effective from December 7, 2012 and accordingly, Welspun Global Brands Limited stands merged into Welspun India Limited. As per the Scheme, the Company will be issuing its equity shares in the ratio of one equity share of the Company for each equity share held in Welspun Global Brands Limited. In order to determine th

Prime Securities Limited has informed the Exchange that Krishiraj Trading Limited (the "Acquirer") along with Welspun Mercantile Limited ("Person Acting in Concert" or "PAC"), being promoters of the Target Company are making a voluntary open offer to acquire up to 14,50,000 equity shares of the Target Company representing 13.84% of the voting share capital of the Target Company at a price of Rs. 42 per fully paid-up equity share of the Target Company, in accordance with Regulation 6 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 ("S

Welspun Global Brands Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 22, 2011 to September 29, 2011 (both days inclusive) for the purpose of Annual General Meeting scheduled to be held on September 29, 2011.