Siemens Ltd has informed BSE that pursuant to the applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the Members of the Company at their Extra-ordinary General Meeting (EGM) held on March 24, 2011 have approved issue and allotment of shares arising out of the amalgamation of SHDL with SL, during the Offer Period of Siemens AG, Germany.
Further, the Committee of Directors (constituted for the purpose of issue and allotment of shares of the Company to the members of Siemens Healthcare Diagnostics Ltd., (SHDL) upon amalgamation of SHDL with the Company) at its meeting held immediately after the conclusion of the said EGM has issued and allotted 3,134,700 Equity Shares of Rs. 2 each fully paid-up to the shareholders of erstwhile SHDL.
Sensex
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Thursday, March 24, 2011
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