Source: BSE

Subsequent to Merger by absorption of Star Shopping Centres Pvt Ltd (Transferor Co.) by Future Market Networks Ltd (Transferee Co.)Transferee Co.required to allot its shares to shareholders who holds 40% of paid up share capital of Transferor Co. and 60% of equity capital held by Transferee Co. in Transferor Co. to be cancelled.
As per Reg 30 of Listing Regulationswe inform that Meeting of Committee of Directors was held today September 242019 & inter-alia consideredissued & allotted following equity Shares to eligible shareholders of Transferor Co. pursuant to the Scheme approved by NCLT in ratio as provided in Scheme viz 12531 equity shares of face value of Rs10 each credited as fully paid up of Transferee Co.for every 100 fully paid up equity shares of face value of Rs 10 each held in Transferor Co.1253100 Equity Shares of Rs 10 each allotted to erstwhile shareholders of Transferor Co. save & except shares held by Transferee Co. in Transferor Co. is cancelled in terms of Scheme.

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