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Brooks Automation Inc (BRKS) Q2 2021 Earnings Call Transcript

Operator Greetings and welcome to the Brooks Automation Q2 2021 Financial Results. [Operator Instructions] I will now turn the conference over to Sara Silverman, Director of Investor Relations. Please go ahead. Sara Silverman Director, Investor Relations Thank you, operator, and good afternoon to everyone on the line today. We would like to welcome you to our earnings conference call for the second quarter of fiscal year 2021. Earlier this afternoon, we also issued a press release describing plans for separating our company into two independent publicly traded companies, one for our Semiconductor business and one for our Life Sciences business. We will use this call to also address this important announcement.

Jubilant Pharmova transfers NCDs aggregating Rs 100 cr in books of Jubilant Ingrevia

Pursuant to composite scheme of arrangementJubilant Pharmova announced that pursuant to the Composite Scheme of Arrangement amongst HSB Corporate Consultants, Jubilant Stock Holding, SSB Consultants & Management Services, JCPL Life Science Ventures and Holdings and JSPL Life Science Services and Holdings (collectively, the Transferor Companies ), Jubilant Pharmova (the Transferee Company or the Demerged Company ) and Jubilant Ingrevia (the Resulting Company ) and their respective shareholders and creditors (the Composite Scheme ), Non-Convertible Debentures of Rs. 100 crore issued by the Company on Private Placement basis has been transferred by the Company in the books of account of Jubilant Ingrevia. Record Date for suspension of trading of the NCDs of Rs. 100 crore under the name of Jubilant Pharmova is Thursday, 20 May 2021. Post suspension of the NCDs, these NCDs shall be listed by Jubilant Ingrevia.

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