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NOTICES
Notice No.   20200218-11   Notice Date   18 Feb 2020
Category   Company related   Segment   Equity
Subject   Listing of Equity Shares of Marsons Limited
 
Content

 

Trading Members of the Exchange are hereby informed that effective from Thursday, February 20, 2020, the equity shares of Marsons Limited shall be listed and admitted to dealings on the Exchange in the list of Z Group of Securities.

 

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.

 

Name of the Company

:

Marsons Limited

Registered Office

:

Marsons House, Budge Budge Trunk Road, Chakmir, Maheshtala, Kolkata, West Bengal, 700142

Securities

:

50,00,000 fully paid up equity shares of      Re. 1/- each

Distinctive numbers

:

1 to 50,00,000

Scrip Code

:

517467

Group

:

Z

Market Lot

:

1

Face Value & Paid up value

:

Re. 1/- each fully paid up

Scrip ID on BOLT System

:

MARSONS

Abbreviated name on BOLT System

:

MARSONS

ISIN No.

:

INE415B01044

Lock-in details

:

Shares

Distinctive no.

Lock in upto

-

-

-

 

 

1. The brief particulars of the Resolution Plan pursuant to NCLT Order under Insolvency & Bankruptcy Code, 2016 are as mentioned below:

a)    The Resolution Plan involving Reduction and Consolidation of Capital of the Company was approved by Hon’ble National Company Law Tribunal, Kolkata Bench vide order dated May 9,2019

b)    As per the Resolution Plan approved by Hon’ble NCLT, the issued, subscribed and paid-up equity capital of the company stand reduced from Rs. 25,00,00,000/- consisting of 2,50,00,000 equity shares of face value of Rs. 10/- each to              Rs. 50,00,000/- consisting of 2,50,00,000 equity shares of Rs. 0.20/- each and further consolidation of share capital of the company to Rs. 50,00,000/- (consisting of 50,00,000 Equity shares of Re 1 /- each).

 

 

2.  As per Exchange Notice No. 20190614-10 dated June 14, 2019, the Company had fixed June 21,2019 as record date for giving effect to the reduction and consolidation 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.

 

Sr. No.

Name of the company appearing on the share certificate

        Distinctive Numbers

Date of Issue

Good/Bad

Delivery

1

 Marsons Limited

1 to 2,50,00,000

Before Record date

Bad

2

Marsons Limited

1 to 50,00,000

After Record date

Good

 

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