Update Regarding debt securities of JSW GMR Cricket Pvt. Ltd. |
In continuation to the Exchange Notice - 20180615-14 dated June 15, 2018 regarding Listing of new debt securities of JSW GMR Cricket Pvt. Ltd., Trading Members are requested to note that w.e.f. Monday, November 19, 2018 the following Scrip Code bearing the following ISIN would be available for trading under the revised terms as mentioned below.
Scrip Code: 957984 ISIN: INE295P08011
Existing Terms of the DTD dated June 01, 2018
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Terms modified through Amendment to the DTD dated September 06, 2018
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Recent amendment in the terms of the DTD
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Reason for amendment/ modification
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Within 90 (ninety) days from the Deemed Date of Allotment, a copy of the approval issued by BCCI for creation of Security pursuant to the Pledge Agreement and Deed of Hypothecation.
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On or before November 15, 2018, a copy of the approval issued by BCCI for creation of Security pursuant to the Deed of Hypothecation.
Within 90 (ninety) days from the date on which the ‘Apex Council’ of BCCI is constituted in terms of the constitution of BCCI approved by the Hon’ble Supreme Court of India vide its order dated August 9, 2018 in Civil Appeal No. 4235 of 2014 (Board of Control for Cricket in India and Ors. v. Cricket Association of Bihar & Ors), a copy of the approval issued by BCCI for creation of Security pursuant to the Pledge Agreement, provided if the right to approve the pledge is vested with or delegated to another person, then the period of 90 (ninety) days referred above would commence from the date of appointment of such person.
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On or before November 30, 2018, a copy of the approval issued by BCCI for creation of Security pursuant to the Deed of Hypothecation.
Within 90 (ninety) days from the date on which the ‘Apex Council’ of BCCI is constituted in terms of the constitution of BCCI approved by the Hon’ble Supreme Court of India vide its order dated August 9, 2018 in Civil Appeal No. 4235 of 2014 (Board of Control for Cricket in India and Ors. v. Cricket Association of Bihar & Ors), a copy of the approval issued by BCCI for creation of Security pursuant to the Pledge Agreement, provided if the right to approve the pledge is vested with or delegated to another person, then the period of 90 (ninety) days referred above would commence from the date of appointment of such person.
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The Company is requesting the Debenture Trustee to allow additional time (15 days) to obtain the necessary approvals from BCCI and to comply with this Condition Subsequent set out in paragraph 12 of Part II- Conditions Subsequent of Schedule 5.
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Trading Members may contact the following Officials for further details if any:
Name of the Officer
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Contact details
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Email Id
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Mr. Akshay Arolkar
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+91 22 2272 8995/8352/8597
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debt.listing@bseindia.com
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Rupal Khandelwal
Manager
November 16, 2018 |