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Record Date for issue and allotment of TCS Shares to the Shareholders of CMC

 

TCS has fixed Thursday, October 1, 2015 as the Record Date to determine the names of public shareholders of CMC Ltd who would be entitled to receive equity shares of TCS in lieu of the equity shares they hold in CMC Ltd.

As per the Scheme of Amalagamation between CMC Ltd and TCS Ltd, sanctioned by the Hon'ble High Court of judicature at Bombay on August 14, 2015, 79 equity shares of Rs.1 each of TCS will be issued and allotted as fully paid up equity shares for every 100  equity shares of Rs. 10 each held by the public shareholders of CMC, whose names appear in the Register of Members of CMC and whose names appear as the beneficial owners of the equity shares of CMC in the records of the depositories on the Record Date.

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