Listing of Equity Shares of Laurel Organics Limited |
Trading Members of the Exchange are hereby informed that effective from Thursday, February 14, 2019, the equity shares of Laurel Organics Limited shall be listed and admitted to dealings on the Exchange in the list of P 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
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Laurel Organics Limited
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Registered Office
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Village Bhondsi, Tehsil Sohna, Gurugram, Haryana, 122102
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Securities
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73,85,000 fully paid up equity shares of Re. 1/- each
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Distinctive numbers
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1 to 73,85,000
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Scrip Code
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530313
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Group
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P
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Market Lot
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100
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Face Value & Paid up value
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Re. 1/- each fully paid up
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Scrip ID on BOLT System
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LAURLOR
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Abbreviated name on BOLT System
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LAUREL ORGAN
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ISIN No.
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INE285U01025
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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 w.r.t. Reduction of capital are as mentioned below:
a) The Scheme of Arrangement w.r.t Reduction of Capital of the Company was approved by Hon’ble National Company Law Tribunal, Chandigarh bench vide order dated 21.08.2018.
b) As per the scheme, the paid-up share capital of the company shall be reduced from Rs. 7,38,50,000/- divided into 73,85,000 equity shares of Rs.10/- each fully paid up to Rs. 73,85,000/- divided into 73,85,000 equity shares of Rs. 1/- each.
2. As per Exchange Notice No. 20181113-7 dated November 13, 2018, the Company had fixed November 16,2018 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.
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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Laurel Organics Limited
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1 to 73,85,000
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Before Record date
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Bad
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2
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Laurel Organics Limited
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1 to 73,85,000
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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
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