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Sanofi India fixes record date for scheme of arrangement

Published on Jun 03, 2024 18:42

Sanofi India has fixed 13 June 2024 as record date for the purpose of ascertaining the shareholders of Sanofi India (Demerged Company) who will be entitled to receive fully paid-up equity shares of Rs 10/- each of Sanofi Consumer Healthcare India (Resulting Company) pursuant to the Scheme of Arrangement.

According to the Scheme of Arrangement, 1 equity share of the face value of Rs. 10/- each fully paid-up of the Resulting Company shall be issued and allotted for every 1 equity share of face value of Rs 10/- each fully paid-up held by equity shareholders of the Demerged Company.

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