Receipt of trading approval from NSE and BSE for trading of newly issued 1,99,62,358 equity shares pursuant…
As filed · Antelopus Selan Energy Limited has informed the Exchange about General Updates : receipt of trading approval from NSE and BSE for trading of newly issued 1,99,62,358 equity shares pursuant to scheme o
M&AWatchMajormateriality 81 out of 100
What happened
FactAntelopus Selan Energy Limited has informed the Exchange about General Updates : receipt of trading approval from NSE and BSE for trading of newly issued 1,99,62,358 equity shares pursuant to scheme of amalgamation. Company” or “Company”), along with their respective shareholders and creditors, under Sections 230 to 232,. equity shares of face value INR 10 each, allotted pursuant to the Scheme.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
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Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%