JD Orgochem Limited (BSE:524592) entered into a scheme of implementation to acquire Jaysynth Dyestuff (India) Limited and Jaysynth Impex Private Limited on January 24, 2023. As per the terms, JD Orgochem will issue 14 fully paid up equity shares JD Orgochem allotted for every 1 share held by the Equity Shareholders of Jaysynth Dyestuff (India) Limited, and 252 fully paid up 2% Redeemable Non-convertible Non-Cumulative
Non-Participating Preference Shares of JD Orgochem to be issued and allotted for every 1 each held by the Equity Shareholders of Jaysynth Impex Private.