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Notices
Notice No20181005-43Notice Date05 Oct 2018
CategoryCorporate ActionsSegmentEquity
SubjectExit Option of Assam Company India Limited.
Content

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