United Spirits – Updates on Scheme of Amalgamation

Industry:    2016-04-03

United Spirits Ltd has informed BSE that as informed earlier vide letter dated January 16, 2009, the Scheme of Amalgamation of Shaw Wallace & Company Ltd ("SWC") and Primo Distributors Pvt Ltd ("Primo") with United Spirits Ltd ("USL") has been sanctioned by the Hon’ble High Court of Karnataka at Bangalore, the Hon’ble High Court of Judicature at Bombay and the Hon’ble High Court at Calcutta on May 29, 2008, July 18, 2008 and January 16, 2009, respectively.

Certified copies of the Orders of the Hon’ble High Court of Karnataka at Bangalore, the Hon’ble High Court of Judicature at Bombay and the Hon’ble High Court at Calcutta have been filed by the Company, Primo and SWC with the respective Registrar of Companies.

The Scheme has, therefore, become effective from July 06, 2009.

Accordingly, the amalgamation of SWC and Primo with USL takes effect from April 01, 2007, being the Appointed Date. Primo, the Transferor Company stands dissolved without winding up.

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