Notices
Notice No20240711-10Notice Date11 Jul 2024
CategoryCorporate ActionsSegmentEquity
SubjectResolution Plan- Reduction of Equity Share Capital of HARIG CRANKSHAFTS LTD. (Scrip Code: 500178)
Content

Trading members of the Exchange are hereby informed that, HARIG CRANKSHAFTS LTD. has fixed Record Date for the purpose of the Reduction of Share Capital as per the Resolution Plan approved vide Order passed by the Hon’ble National Company Law Tribunal, Allahabad Bench, Prayagraj. The details of which are given below :-                          

COMPANY NAME & CODE

RECORD DATE

PURPOSE

 

Ex-Date -Suspended Company/Settlement No.

HARIG CRANKSHAFTS LTD.

(500178)

 

12/07/2024

 

As per the Resolution Plan approved by Hon’ble National Company Law Tribunal, Allahabad Bench, Prayagraj :

Extinguishment of Promoter Shareholdings:

As per the Resolution Plan the entire shareholding of the Promoters and Promoter group will be extinguished

 

Reduction/Cancellation of Capital of Public Shareholders:

As on the Effective Date,  Reduction/Cancellation of 95% Equity Shares held by public shareholders as on the Record Date  without payment of any consideration, and re-issue of 5,25,000 Equity Shares of INR10/- each, to the eligible Public shareholders in proportion to their shareholding

12/07/2024

DR- 672/2024-2025

 

Trading Members are requested to note that the Trading in the Equity Shares of the Company is currently under Suspension.

 

Marian Dsouza

Senior Manager –Listing Operations (CRD)

July 11, 2024