BSE Ltd.
BSE Ltd.
12/16/2022 | Press release | Distributed by Public on 12/16/2022 05:37
Resolution Plan - Reduction of Share Capital in equity shares of Sankhya Infotech Ltd. (Scrip Code: 532972)
NOTICES
| Notice No. | 20221216-24 | Notice Date | 16 Dec 2022 | |||
| Category | Corporate Actions | Segment | Equity | |||
| Subject | Resolution Plan - Reduction of Share Capital in equity shares of Sankhya Infotech Ltd. (Scrip Code: 532972) | |||||
| Content |
Trading members of the Exchange are hereby informed that,as per the Resolution Plan approved by the Hon'ble Company Law Tribunal, Hyderabad Bench, Sankhya Infotech Ltd. has fixed Record Date for the purpose of the Reduction of Share Capital. Trading in the Equity Shares of the Company will be suspended as per Details given below: <_o3a_p>
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COMPANY NAME &<_o3a_p> CODE<_o3a_p> |
RECORD DATE<_o3a_p> |
PURPOSE<_o3a_p> <_o3a_p> |
No Dealings Date & Sett. No.<_o3a_p> |
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Sankhya Infotech Ltd.<_o3a_p> (532972)<_o3a_p> <_o3a_p> |
20/12/2022<_o3a_p> <_o3a_p> |
As per Resoluton Plan providing for Reduction of Capital approved by Hon'ble National Company Law Tribunal , Hyderabad Bench REDUCTION OF Capital :- <_o3a_p> The Existing shareholding of the Public shall be reduced by 95% such that, the present shareholders of the Company shall hold 1 (one) Equity Share of INR 10/- (Rupees Ten) each for every 20 (Twenty) Equity Share held by them as on the Record Date. Further , the entire shareholding held by (erstwhile) Promoter and Promoter Group of the Company shall be extinguished without any payout. <_o3a_p> |
20/12/2022<_o3a_p> DR- 680/2022-2023<_o3a_p> |
<_o3a_p>
Trading Members of the Exchange are requested to take note of it.
Marian Dsouza<_o3a_p>
Senior Manager -Listing Operations (CRD)
December 16, 2022