DHANINSEDhani Services LimitedHighNeutral
Announced Tue, 14 Oct · 18:48 IST
Dhani Services Limited has informed the Exchange regarding 'Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding(a) effectiveness of the Scheme of Arrangement; and (b) fixation of Record Date for issue of shares under the Scheme'.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Dhani Services Limited has informed the exchange that its Scheme of Arrangement has become effective, following regulatory and procedural approvals. The company has also fixed a Record Date for issuing shares to eligible shareholders pursuant to the scheme. This is a corporate restructuring event where shareholders will receive shares as per the terms of the approved arrangement. Investors need to hold shares as on the Record Date to be eligible for the share entitlement under the scheme.
Likely market impact
Shareholders should take note of the Record Date to receive shares allotted under the Scheme of Arrangement. The stock may see price adjustment as the restructuring becomes effective and new shares are issued.