Notice No20210215-38Notice Date15 Feb 2021
CategoryCorporate ActionsSegmentEquity
Subject Resolution Plan - Reduction of Share Capital & suspension of trading in equity shares of DIGJAM LTD. (Scrip Code 539979).
Content

 

Trading members of the Exchange are hereby informed that, DIGJAM LTD. has fixed the Record Date for the purpose of the Reduction of share capital of the Company as per the Resolution Plan approved by the Hon’ble National Company Law Tribunal at Ahmedabad Bench.

                                               

COMPANY NAME  &

CODE

RECORD DATE

PURPOSE

 

NO DEALINGS  FROM

DATE &

SETT. NO.

 

DIGJAM LTD. (539979)

 

04/03/2021

 

As per the Resolution Plan approved by Hon’ble NCLT under provision of Insolvency & Bankruptcy Code 2016

 

Reduction of Share Capital:

 

At present, the paid-up Equity Share Capital of the Company is Rs 87,64,16,210

consisting of 8,76,41,621 Equity Shares of Rs. 10 each. As per the

approved Resolution Plan, the existing Equity Shares of Promoters and Promoters Group aggregating to 2,75,27,589 shall stand extinguished and the balance 6,01,14,032 no. of Equity Shares held by public shall be written down by about 96.67% i.e. by cancellation of 5,81,14,032 equity shares leaving a balance of only 20,00,000 Equity Shares to be held by the public on a proportionate basis..

03/03/2021

DR- 233/2020-2021

 

 

 

 

Mangesh Tayde

Assistant General Manager –Listing Operations (CRD)

February 15, 2021