Trading Members of the Exchange are hereby informed that effective from Thursday, March 25, 2021, the equity shares of Gopala Polyplast Ltd shall be listed and admitted to dealings on the Exchange in the list of Z Group of Securities.

Members are requested to note that, the above security will be a part of special pre-open session for IPO and Other category of scrips as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.

1. The brief particulars of the Resolution Plan pursuant to NCLT Order under Insolvency & Bankruptcy Code, 2016 are as mentioned below:

a)    The Resolution Plan involving Reduction of Capital of the Company was approved by Hon’ble National Company Law Tribunal, Ahmedabad Bench vide order dated August 7, 2020.

b)     As per the Resolution Plan approved by Hon’ble NCLT, 30,17,309 Equity shares held by the erstwhile Promoters (entire shareholding) shall stand cancelled and reduced to Zero and 1 new equity share of Rs. 10/- each issued in lieu of every 32 equity shares of Rs. 10/- each held by the public shareholders (2,21,837 equity shares of Rs. 10/- each issued in lieu of 71,49,083 equity shares). So, the issued, subscribed and paid-up equity capital of the company stand reduced from Rs. 10,16,63,920/- consisting of 1,01,66,392 equity shares of face value of Rs. 10/- each to Rs. 22,18,370/- consisting of 2,21,837 equity shares of Rs. 10/- each.  

2.  As per Exchange Notice No. 20201103-26 dated November 3, 2020, the Company had fixed November 11, 2020 as record date for giving effect to the reduction of share capital.

3. Trading members of the Exchange may also note that in respect of shares held in Physical form, the company will issue new certificates. The old certificates shall stand cancelled.

4. Trading members of the Exchange are informed that the Equity Share certificates in Physical form bearing the under mentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market.

Hence, trading members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market.

Nitinkumar Pujari                                                                                  

Senior Manager