Sun Pharmaceutical Industries Ltd has informed BSE that the Honble High Court of Gujarat, at Ahmedabad at its hearing held on July 10, 2014 has approved the Scheme of Arrangement and Reconstruction between Sun Pharmaceutical Industries Limited (SPIL) and Bun Pharma Global FZE (SPGFZE) in the nature of demerger and transfer of the specified Undertaking of SPGFZE to SPIL with effect from the appointed date of May 01, 2013. This is to further inform that the certified copy of the High Court order is expected to be received shortly and will be filed with the Registrar of Companies there after as required and the demerger process would get completed on such filing. 2. The Board of Directors of the Company would meet on August 12, 2014 to transact, inter alia, the following business. i) Consider the revised audited annual accounts of the Company for the year ended March 31, 2014 after giving the effect to the above mentioned Scheme of Arrangement and Reconstruction between SPIL and SPGFZE. (ii) To consider the recommendation of payment of dividend on equity shares for the year ended March 31, 2014 subject to the approval of the shareholders at the ensuing Annual General Meeting. (iii) To consider and take on record the un-audited financial results of the Company for the first quarter ended June 30, 2014 (Q1). 3. The window closure for Trading by Designated persons as per Insider Trading Rules of the Company will be from August 01, 2014 to August 14, 2014 (both days inclusive).

Source : BSE - >www.bseindia.com

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