Pls be informed that upon receipt of the certified copy of the order and its filing with the ROC, the composite Scheme of Amalgamation and Arrangement has been made effective from August 3, 2022. Further, Friday, August 19, 2022 has been fixed as SORIL record date and Friday, August 26, 2022 as Yaari Record Date. In terms of the Scheme, the Company stands merged with Yaari Digital Integrated Services Ltd and its equity shares will be delisted by the Exchanges, as per applicable regulations. The public shareholders of the Company, in lieu of their shareholding in the Company as on SORIL Record Date i.e. August 19, 2022, will get shares of Yaari. Further, Yaari shareholders, as on Yaari Record Date i.e. August 26, 2022, including the SORIL public shareholders on SORIL Record date, shall also be entitled for fully paid-up equity share of Indiabulls Enterprises Limited, which will also be submitted for listing at BSE and NSE. For details pls refer the attachment.

Store One Retail India Limited operates retail stores.  The Company operates department stores that retail apparel, jewelry, watches, footwear and home accessories, and convenience stores.

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

In the matter of ongoing composite Scheme of Amalgamation and Arrangement, we wish to inform that NCLT, Chandigarh pronounced the order approving the said Scheme (Order) on July 21, 2022, copy of which is made available on the website of the NCLT today i.e. July 22, 2022. The certified copy of the Order passed by NCLT is awaited and the Scheme shall be made effective after receipt of the same.  . Pursuant to the Scheme, the public shareholders of the Company will get shares of Yaari Digital Integrated Services Limited (Yaari) and Indiabulls Enterprises Limited (IEL), free of any cost, in lieu of their shareholding in the Company. IEL shares will get listed on NSE and BSE and with this, post effectiveness of the Scheme, the shareholders of the Company will have shares of two listed entities - (1) Yaari, equity shares of which are listed and will remain listed on NSE and BSE, and (2) IEL, equity shares of which will be listed on NSE and BSE.  (for details, ref attachment)

The Exchange has sought clarification from SORIL Infra Resources Ltd on July 1, 2022 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded. 
 
 The reply is awaited.

Clarification sought from SORIL Infra Resources Ltd

We wish to submit that SORIL Infra Resources Limited is in compliance with the requirements of Regulation 6(1) and 7(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, for the quarter ended March 31, 2022. Please refer attachment.

Compliance Status Of Regulation 6(1) And 7(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended, For The Quarter Ended March 31, 2022

Pursuant to Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter the Regulations), please find enclosed herewith a certificate dated April 20, 2022 duly signed on behalf of the Company and our Registrar and Share Transfer Agent, KFin Technologies Private Limited, certifying compliance with the requirements of Regulation 7(2) of the Regulations in respect of our Company for the financial year ended March 31, 2022.The same is for your information and record.

Submission Of A Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, For The Financial Year Ended March 31, 2022

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