The Board of Directors of Areva T&D India Ltd at its meeting held on December 2nd 2011, in terms of the Scheme of Arrangement for Demerger, have fixed December 15th 2011 as the Record Date for determining shareholders of the Company who would be entitled to receive on a proportionate basis, for every 1 fully paid up equity share of INR 2 per each held in AREVA T&D India Ltd, the Transferor Company, 1 fully paid-up equity shares of INR 2 each of Smartgrid Automation Distribution and Switchgear Limited, the Transferee Company.

(Sourced from Equity Bulls)