Reduction & Consolidation of Capital of Trupti Twisters Ltd. |
Trading members of the Exchange are hereby informed that, Pursuant to the order passed by Hon’ble National Company Law Tribunal, Ahmedabad Bench, the company has fixed the Record Date for the purpose of Reduction and consequent Consolidation of Share Capital of the company, as per details given below:
COMPANY NAME &
CODE
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RECORD DATE
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PURPOSE
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NO DEALINGS FROM
DATE &
SETT. NO.
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Trupti Twisters Ltd.
(514236)
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16/11/2018
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Reduction & Consolidation of share capital:
Upon coming into effect of the Scheme for Reduction of Share Capital as approved by the Hon’ble National Company Law Tribunal, Ahmedabad Bench:
The issued, subscribed and paid-up equity share capital of the company shall stand reduced from Rs. 3,47,89,000/- (divided into 34,78,900 equity shares of Rs. 10/- each) to Rs. 6,95,780/- (divided into 34,78,900 equity shares of Re. 0.20 each) by cancelling the balance share capital,
And,
Simultaneously consolidating each reduced 100 equity shares of Re. 0.20 each in to 2 new equity shares of Rs. 10/- each.
Accordingly, upon Reduction of share capital, the shareholders shall be issued ONE new equity share of the company for every FIFTY equity shares held by the company.
For example:
A shareholder holding 100 shares of Rs. 10 each before Reduction shall hold upon Reduction and Consolidation 02 equity shares of Rs. 10/- each.
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15/11/2018
DR- 158/2018-2019
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Trading Members of the Exchange are requested to take note of it.
Marian D'Souza
Associate Manager - Listing Operations (CRD)
November 12, 2018
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