Industry-wise breakup of the schemes filed is as follows:
Industry | No. of Deals | |
November 2016 | October 2016 | |
Agriculture | – | 2 |
Chemicals | 1 | 4 |
Entertainments | 1 | – |
Financial Services | 2 | 6 |
Information Technology | – | 4 |
Investment | – | 2 |
Jewellery & Diamonds | – | – |
Others | 3 | 8 |
Pharmaceuticals | – | – |
Power | – | 2 |
Real Estate | 2 | 3 |
Travel Services | 1 | – |
Textile | – | 1 |
Total | 10 | 32 |
This month 10(Ten) Schemes were filed, involving 23 (Twenty three) Companies, of which 9 (Nine) Schemes were Scheme of Amalgamation,1 (One) Scheme was Scheme of Demerger.
Other facts are:-
- 7 (Seven) Companies have paid-up Capital of more than Rs. 10 Crores.
- In 2(Two) Schemes, the Transferor Company and the Transferee Company both are profit making.
- In 1 (One) Scheme, the Transferor Company is profit making and the Transferee Company has carried forward losses.
No Scheme involving Listed Companies was filed during the Month.
PETITIONS ADMITTED
The number of Schemes admitted were 6 (Six) of which 5 (Five) Schemes were Schemes of Amalgamation,1(One) Schemes was Composite Scheme of Arrangement.
IMPORTANT ONES ARE LISTED BELOW:
Composite Scheme of Arrangement
- Jaiprakash Associates Limited and Jaypee Cement Corporation Limited and Ultratech Cement Limited.
PETITIONS SANCTIONED
The numbers of Schemes sanctioned were 14(Fourteen) of which 9(Nine) Schemes were Schemes of Amalgamation, 3(Three) Schemes were Scheme of Demerger, 2(Two) Scheme were Composite Scheme of Arrangement.
IMPORTANT ONES ARE LISTED BELOW:
Scheme of Amalgamation
- Balkrishna Synthetics Limited with Siyaram Silk Mills Limited.