SUB. :- Reduction of Share Capital of Grand Foundry Ltd. (Scrip Code 513343).
Trading members of the Exchange are hereby informed that, Grand Foundry Ltd. has fixed the Record Date for the purpose of Reduction of Share Capital of the company pursuant to the order passed by the Hon’ble Board for Industrial and Financial Reconstruction (BIFR).
COMPANY NAME &
CODE
|
RECORD DATE
|
PURPOSE
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Grand Foundry Ltd.
(513343)
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22/03/2016
|
Reduction of Share Capital:
De-rating of capital by 60%.
The existing equity share capital of the company shall be reduced by 60%. Consequently each Rs. 10/- fully paid share shall be reduced to Rs. 4/- per share fully paid.
|
Note:
Trading Members of the Exchange are requested to take note that trading in the equity shares of the company is already under suspension.
Marian D’souza,
Associate Manager –Listing Operations (CRD)
Contact No. 2272 8744
March 18, 2016 |