|Announcement Title||General Announcement|
|Announcement Subtitle||Disclosure of Withdrawal of Singapore Depository Shares ("SDSs") from CDP's Account|
|Securities||MEGHMANI ORGANICS LIMITED (MEGH SDS)
|Date & Time of Broadcast||Nov 8, 2016 17:20|
|Submitted By||Kamlesh Dinkerray Mehta
|Description||In accordance with terms and conditions of the Depository Agreement, each holder of SDSs is entitled to present the SDSs for cancellation and then receive the corresponding number of underlying Shares at the Custodians office, subject to all regulatory approvals or concerns (including the approval of the SGX-ST).
The Board of Directors of Meghmani Organics Limited (the "Company") wishes to announce that SGX - ST has no objection to the request for withdrawal of SDSs from the CDP's account submitted by Raffles Nominees (Pte) Limited recently.
This withdrawal has no impact on the paid-up capital or cash position of the Company.