| Exit Option of Assam Company India Limited. |
Trading members of the Exchange are hereby informed that, Assam Company India Limited (ACIL) has fixed the Record Date to determine the public shareholders to whom the exit price is to be paid pursuant to the order passed by the National Company Law Tribunal at Guwahati bench.
|
COMPANY NAME &
CODE
|
RECORD DATE
|
PURPOSE
|
NO DEALINGS FROM
DATE &
SETT. NO.
|
|
Assam Company India Limited.
(500024)
|
11/10/2018
|
As per the Resolution Plan approved by Hon’ble NCLT and under provision of Insolvency & Bankruptcy Code 2016
To determine the public shareholders to whom the exit price is to be paid:
Note:
The Plan voluntarily proposes to pay Re. 0.10/- against each share held by shareholders in the category of public and on payment of such price all the shares held by public are to be extinguished, without separate process of reduction of capital.
Also, there will be 100% extinguishment of equity share capital held by the existing promoters of the company without payment of any price to them.
|
10/10/2018
DR- 135/2018-2019
|
Trading Members of the Exchange are requested to take note of it.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
October 5, 2018
|