Market Beat     21-Feb-08
Reports
Record date for Bajaj Auto scheme of arrangement is 25 March 2008
Scheme of arrangement
Hon'ble High Court of Judicature at Bombay has sanctioned the scheme of arrangement of demerger between Bajaj Auto, Bajaj Holdings & Investment and Bajaj Finserv and their respective shareholders and creditors.

Bajaj Auto has fixed 25 March 2008 as record date for determining the shareholders of the company, who would be eligible to receive shares of Bajaj Auto (new) and Bajaj Finserv in the ratio of 1:1.

The company made this announcement after the trading hours on Wednesday, 20 February 2008.

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