'Change of Name from Oriental Carbon and Chemicals Limited to AG Ventures Limited pursuant to Scheme of…
As filed · Oriental Carbon & Chemicals Limited has informed the Exchange regarding 'Change of Name from Oriental Carbon and Chemicals Limited to AG Ventures Limited pursuant to Scheme of Arrangement for Demerger
What happened
FactOriental Carbon & Chemicals Limited has informed the Exchange regarding 'Change of Name from Oriental Carbon and Chemicals Limited to AG Ventures Limited pursuant to Scheme of Arrangement for Demerger to reflect the realigned business focus post transfer of Chemical Business to OCCL Limited'. Limited” pursuant to Scheme of Arrangement for Demerger to reflect the realigned business. We wish to inform you that pursuant para 10.1 of the Scheme of Arrangement between Oriental…
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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- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%