Trading Members of the Exchange are hereby informed that effective from Tuesday, January 22, 2019, the equity shares of Odisha Cement Limited shall be listed and admitted to dealings on the Exchange in the list of T Group of Securities. Further in terms of SEBI circular No.CIR/MRD/DP/02/2012 dated January 20, 2012; the scrip will be in Trade-for-Trade segment for 10 trading days.
Members are requested to note that, the above security will be a part of special pre-open session for IPO and Other category of scrips as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.
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Name of the Company
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Odisha Cement Limited
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Registered Office
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Dalmiapuram Lalgudi, Taluk, Dist. Tiruchirappalli, Tamil Nadu -621651
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Securities
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1,44,20,947 fully paid up equity shares of Rs. 2/- each
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Distinctive numbers
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1 to 1,44,20,947
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Scrip Code
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542216
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Group
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T
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Market Lot
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1
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Face Value & Paid up value
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Rs. 2/- each fully paid up
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Scrip ID on BOLT System
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OCLINDIA
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Abbreviated name on BOLT System
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OCLINDIA
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ISIN No.
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INE00R701025
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Lock-in details
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Shares
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Distinctive no.
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Lock in upto
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NA
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NA
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NA
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1. The brief particulars of the Scheme of Arrangement and Amalgamation are as mentioned below:
a) The Scheme of Arrangement and Amalgamation of the Company was approved by Hon’ble National Company Law Tribunal, Chennai bench vide order dated 01.05.2018.
b) As per the scheme, the paid-up share capital of the company shall be reduced from Rs. 56,90,02,200/- divided into 5,69,00,220 equity shares of Rs.10/- each fully paid up to Rs. 2,88,41,894/- divided into 1,44,20,947 equity shares of Rs. 2/- each (post cancellation of cross-Holding of Rs. 8,49,58,546 divided into 4,24,79,273 Equity Shares of Rs. 2/- each).
2. As per Exchange Notice No. 20181228-34 dated December 28, 2018, the Company had fixed January 8,2019 as record date for giving effect to the reduction of share capital.
3. Trading members of the Exchange may also note that in respect of shares held in Physical form, the company will issue new certificates. The old certificates shall stand cancelled.
4. Trading members of the Exchange are informed that the Equity Share certificates in Physical form bearing the under mentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market.
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Sr. No.
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Name of the company appearing on the share certificate
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Distinctive Numbers
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Date of Issue
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Good/Bad
Delivery
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1
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Odisha Cement Limited
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1 to 5,69,00,220
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Before Record date
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Bad
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2
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Odisha Cement Limited
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1 to 1,44,20,947
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After Record date
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Good
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Hence, trading members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market.
Nitinkumar Pujari
Senior Manager |