Teledata Informatics Ltd _ To be Relisted at Higher Price

#1
The salient features of the scheme of Arrangement of Teledata Informatics Ltd are

Promotors Holdings to increase to 25.2% from current 14.3 % due to

A) Promotors are to be alloted 2,50,00,000 shares of FV Rs. 2 at Rs.3.2 including Premium of Rs. 1.2

Major Sharholding pattern pre and post demerger is as follows
Pre -------Post
Promotors 14.3 25.2
FII 19.1 16.6
Body Corporate 13.2 11.5
GDR 7.2 6.3
NRI 1.8 1.6
GT 1Lk Public 15.1 13.2
LT 1Lk Public 29.4 25.6

Promotors shall hold 50.18% in Teledata Marine Solutions and the major share holding pattern shall be

Promotors 50.18
FII 11.09
Body Corporate 7.66
GDR 4.18
NRI 1.04
GT 1Lk Public 8.77
LT 1Lk Public 17.09

Of which Teledata Informatics holding shall be 8.35% and that of Sirus Shipping 41.83%

Promotors shall hold 49.59% in Teledata Technology Solution and major share holding pattern shall be

Promotors 49.59
FII 11.22
Body Corporate 7.76
GDR 4.24
NRI 1.05
GT 1Lk Public 8.87
LT 1Lk Public 17.29

Teledata Informatics shall be holding 49.59% of the promoters holding directly
Due to above reason The share shall be relisted at higher price
 

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