Further to our letters dated 4th September, 2020 and 30th September, 2020 on the subject, we write to advise in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Scheme of amalgamation of Sunrise Foods Private Limited (Sunrise) with the Company (the Scheme) has been sanctioned by the Hon'ble National Company Law Tribunal, Kolkata Bench. Certified copies of the said Order have been filed today with the Registrar of Companies, West Bengal, both by the Company and Sunrise.
Consequent to the above, the Scheme has become effective from today, i.e. 1st April, 2021. Further, the two subsidiaries of Sunrise viz., Hobbits International Foods Private Limited and Sunrise Sheetgrah Private Limited have become direct wholly owned subsidiaries of the Company with effect from the said date.