I have 100 spice communication but from March 10, 2010 it is not showing in the list. Any gentleman tell me about the spice communication
Idea Cellular Ltd has informed BSE that in connection with the Scheme of Amalgamation ('the Scheme') of Spice Communications Ltd. (hereinafter referred to as Spice) with Idea Cellular Ltd. (hereinafter referred to as Idea), sanctioned by the Hon'ble High Court of Delhi at New Delhi and the Hon'ble High Court of Gujarat at Ahmedabad, the Board of Directors of Idea have fixed March 12, 2010 as the 'Record Date' for the purpose of drawing up the list of shareholders of Spice to whom Equity Shares in Idea are to be issued and allotted pursuant to the said Scheme.
The Court Orders have been filed in the respective offices of the Registrar of Companies and the Scheme became effective on March 01, 2010.
Further, in accordance with the Scheme, the Equity Shareholders of Spice (Transferor Company) as on the Record Date would be issued and allotted Equity Shares in the ratio of 49 (Forty Nine) Equity Shares of Rs. 10/- each fully paid-up of Idea (Transferee Company) for e ...more