Corporate Headquarters: Plot # 1, Milk Vita Road

Section-7, Mirpur, Dhaka-1216, Bangladesh.

Website: www.renata-ltd.com

PRICE SENSITIVE INFORMATION

This is for your kind information that, pursuant to the order of the Hon'ble Court dated 13 February, 2022 in the Company Matter No. 48 of 2022, the Board of Directors of Renata Limited, in its meeting held on March 01, 2022 at 3:00 pm to 3:30 pm, at Virtually by Using Digital Platform has undertaken the following resolutions:

"Resolved that EGM date to approve Scheme of Amalgamation of Renata Agro Industries Limited and Purnava Ltd. (Transferor Companies) with Renata Limited (Transferee Company) ("the Scheme") be and is hereby fixed for April 16, 2022 at 12:00 noon at Virtually by Using Digital Platform as per order by the Hon'ble High Court Division of the Supreme Court of Bangladesh in the Company Matter No. 48 of 2022 in accordance with the provisions of Section 228 and 229 of the Companies Act, 1994 for approval of the same Scheme by the Members of Renata Limited."

"Further resolved that the Record Date for the EGM shall be March 23, 2022. The shareholders whose names will appear in the Depository/Share Register on the Record Date will be entitled to attend the meeting."

"Further Resolved that the proposal of Merger and Amalgamation (Arrangement and compromise) of Renata Agro Industries Limited and Purnava Ltd. with Renata Limited as per provision of section 228 & 229 of the Companies Act, 1994 and the Transferee Company i.e., Renata Limited shall issue no share but value of share (s) would be paid by cash to the minority shareholder of Transferor Companies on the basis of Face Value of the Share of Transferor Companies."

"Resolved that Creditors' Meeting date to approve Scheme of Amalgamation of Renata Agro Industries Limited and Purnava Ltd. (Transferor Companies) with Renata Limited (Transferee Company) ("the Scheme") be and is hereby fixed for April 16, 2022 at 10:30 am at Renata Limited, Plot-1, Milk Vita Road, Section-7, Mirpur, Dhaka-1216 at in accordance with the provisions of Section 228 and 229 of the Companies Act, 1994 for approval of the same Scheme by the Creditors of Renata Limited."

By Order of the Board

Md. Jubayer Alam

Dated: March 01, 2022

Company Secretary

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Renata Limited published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 12:24:06 UTC.