Ports hit as cargo growth declines
Oversupply of capacity and intensified inter-port competition are putting pressure on the industry
This is in reference to our earlier intimation dated May 15, 2019 about the Record Date in relation to the above.
In this regard, we would like to inform that as per the Scheme ISL has allotted 1 (One) fully paid up Equity Share of Rs. 2/- each of ISL for every 1 (one) fully paid up Equity Shares of Rs. 2/- each held by shareholders of IIFL Finance Limited (IIFL Finance) (Erstwhile IIFL Holdings Limited) and IWML has allotted 1(one) fully paid up Equity Shares of Rs. 2/- each of IWML for every 7 (Seven) fully paid up Equity Shares of Rs. 2/- each held by the shareholders of IIFL Finance on June 06, 2019.
The credit of the said shares has been completed into the Demat Account of the shareholders. For the shareholders holding physical share certificates, the share certificates of ISL and IWML will be dispatched in due course.
We request you to take this on record and oblige.
Source : BSE - www.bseindia.com
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