SUNDARAM CLAYTON bonus plus d-merger

Suppose you buy 10 Share, you will get BONUS 1160 ncrps .
PLUS D-merger of to be listed co "Scdcd ltd "share in the ratio of 1:1 plus ncrps in the ratio of 1:1000 ncrps.
Ncrps will be redeemed at face value within 12 months of allotment or 02.02.24 whichever is later.
company is seeking approval through e voting from 13 to 15 December and nclt meet on 16 December.

ncrps bonus (part 2 of scheme) last date to deal 23 march …10 share will give 1160 fv 10 ncrps (to be listed) of 9% as bonus . Ncrps will be redeemed at face value within 12 months of allotment or 02.02.24 whichever is later .the name of company will be changed to TVS HOLDINGS. Part 1 of scheme will have separate record date by which TVS holdings ltd will d-merger SCDCD ltd (name will be changed to Sundaram Clayton ltd)in 1:1 ratio . also SCDCD ltd (name changed to Sundarm Clayton ltd) will issue 1 ncrps of 0.1% (not to be listed) for every 1000 ncrps of TVS holdings ltd .
SUMMARY: part 2 of scheme (bonus ncrps of sundarm Clayton …name will change to TVS holidng) has a record date 24 March wherein d-merger of SCDCD which is part 1 yet to announce a record date

TVS holdings (old name Sundaram clayton ) will last trade as COMBINED entity on 23 August . 1:1 demerger with Sundaram clayton DCD ( name will be changed to Sundaram clayton ) …