Members are requested to note that the above security will be a part of special pre-open session for IPO and Other category of scrip’s as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.
For further information on SPOS, the trading members are requested to refer to the Exchange’s notice no. 20120216-29 on Enabling Special Pre-open Session for IPO’s & Relisted Scrips. For any clarification on SPOS, the trading members may please contact the Helpdesk on 022-6136 3100 / 6136 3171.
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Name of the Company
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ABB Power Products and Systems India Limited
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Registered Office
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21st Floor, World Trade Center, Brigade Gateway, No. 26/1, Dr. Rajkumar Road, Malleshwaram West, Bengaluru 560 055.
Tel: + 91 80 2294 9150;
Fax: + 91 80 2294 9148;
Email Id: in-investorhelpdesk_appsil@abb.com
Website: https://new.abb.com/grid/appsil
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Company Secretary & Compliance Officer
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Mr. Poovanna C. Ammatanda
Mob. No: +91 95355 06789
Email ID: Poovanna.ammatanda@in.abb.com
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Securities
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4,23,81,675 Equity shares of Rs. 2/- each allotted pursuant to Scheme of Arrangement.
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Distinctive numbers
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1 – 42381675
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Scrip Code
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543187
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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
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Scrip ID on BOLT System
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POWERINDIA
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Abbreviated name on BOLT
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POWERINDIA
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ISIN No.
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INE07Y701011
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Lock-in
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Quantity
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Dist. Nos.
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Lock in Upto
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NA
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1. The brief particulars of the Scheme of Arrangement are as mentioned below:
a) The Scheme of Arrangement of the Company was approved by the Hon'ble National Company Law Tribunal (NCLT) at Bengaluru Bench vide its Order dated 27.11.2019.
b) Appointed Date: 01.04.2019
c) Effective date: 01.12.2019
d) Date of Allotment: 24.12.2019
e) Pursuant to the Scheme of Arrangement between ABB India Limited and ABB Power Products and Systems India Limited and their respective Shareholders and Creditors as sanctioned by the Bengaluru Bench of the Hon’ble National Company Law Tribunal; whereby upon coming into effect of the scheme and in consideration of the transfer and vesting of the Power Grid Business from ABB India Limited into ABB Power Products and Systems India Limited; ABB Power Products and Systems India Limited shall issue and allot “1 (One) fully paid up equity share of Rs. 2/- (Rupee Two only) each of ABB Power Products and Systems India Limited for every 5 (Five) fully paid up equity share of Rs. 2/- (Rupee Two only) each held in ABB India Limited.”
Prior to the Scheme, the equity capital of ABB Power Products and Systems India Limited was Rs. 1,00,000/- consisting of 50,000 equity shares of face value of Rs. 2/- each and the same shall stand cancelled upon the scheme coming effect.
The issued, subscribed and paid-up equity capital of ABB Power Products and Systems India Limited post arrangement is Rs. 8,47,63,350/- consisting of 4,23,81,675 Equity shares Rs. 2/- each.
2. As per Exchange Notice No. 20191212-20 dated 12.12.2019, ABB India Limited had fixed Record date as 23.12.2019 for giving effect to the Scheme of Arrangement.
3. The Information Memorandum containing all the information about the company can be
viewed at https://www.bseindia.com/corporates/soa.aspx
4. The name and address of the registrar and share transfer agent of the company is as
mentioned below:
KFin Technologies Private Limited
Selenium Tower B, Plot No-31 & 32, Gachibowli
Financial District, Nanakramguda, Serilingampally
Mandal, Hyderabad, 500 032, Telangana
Tel: +91 40 6716 2222
Fax: +91 40 2342 0814
E-mail ID: einward.ris@kfintech.com
Website: www.kfintech.com
5. The shareholding pattern of the company post scheme of arrangement is enclosed as Annexure-I.
Nitinkumar Pujari
Senior Manager
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