| Listing of Equity Shares of SOUTHERN ONLINE BIO TECHNOLOGIES LTD. |
Trading Members of the Exchange are hereby informed that effective from Thursday, June 10, 2021, the equity shares of SOUTHERN ONLINE BIO TECHNOLOGIES LTD. shall be listed and admitted to dealings on the Exchange in the list of XT Group of Securities. Further in terms of SEBI circular No. CIR/MRD/DP/02/2012 dated January 20, 2012; the scrip will be in Trade-for-Trade segment for 10 trading days.
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.
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Name of the Company
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SOUTHERN ONLINE BIO TECHNOLOGIES LTD
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Registered Office
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Flat No. A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad, Telangana, 500004.
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Securities
a) Equity Shares on Reduction
b) Issue of new shares to Promoters on preferential basis pursuant to NCLT Order under Insolvency & Bankruptcy Code, 2016 involving 100% Reduction of existing Equity Capital of Company and Fresh Issue of Equity Shares to Promoters by Company.
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Pursuant to reduction entire existing 5,05,44,553 fully paid up equity shares of Rs. 10/- each will be extinguished*.
4,50,00,000 fully paid up equity shares of Rs.10/- each.
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Distinctive numbers
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FROM
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TO
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Reduction (for extinguished 5,05,44,553 equity shares*)
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1
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50544553
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New issue of shares
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1
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45000000
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Scrip Code
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532669
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Group
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XT
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Market Lot
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1
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Face Value & Paid up value
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Rs. 10/- each fully paid up
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Scrip ID on BOLT System
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SBTL
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Abbreviated name on BOLT System
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SOUTHBIOTEC
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ISIN No.
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INE371B01023
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Lock-in details
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No. of Shares
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Distinctive Numbers
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Lock-in upto date
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4,50,00,000
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1 to 4,50,00,000
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20/06/2022
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*Excluding erstwhile 84,48,735 equity shares of Rs.10/- each which are yet to be debited/extinguished at the depository end.
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 involves 100% Reduction of existing Equity Capital of Company and Fresh Issue of Equity Shares to Promoters of the Company which was approved by Hon’ble National Company Law Tribunal, Hydrebad Bench vide order dated 16.07.2019, 26.11.2019 and 22.06.2020.
b) As per the Resolution Plan, the entire existing paid up capital of the company of Rs. 58,99,32,880 representing 5,89,93,288 fully paid-up equity shares of Rs 10/- each shall be reduced to Nil. Further, new 4,50,00,000 shares of Rs 10/- each will be issued to the Promoters on preferential basis by the Company.
The issued, subscribed and paid-up equity capital of the company post preferential allotment is Rs 45,00,00,000/- consisting of 4,50,00,000 equity shares of Rs.10/- each.
2. As per Exchange Notice No. 20201204-15 dated December 04 2020, the Company had fixed December 12, 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 not issue new certificates since entire capital will extinguish post reduction. 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.
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Sr. No.
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Name of the company appearing on the share certificate
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Distinctive Numbers
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Date of Issue
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Good/Bad
Delivery
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1
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SOUTHERN ONLINE BIO TECHNOLOGIES LTD
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1 – 5,89,93,288
(face value = Rs.10/-each)
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Before Record date
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Bad
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2
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SOUTHERN ONLINE BIO TECHNOLOGIES LTD
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1 – 4,50,00,000
(face value = Rs.10/-each)
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After Record date
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Good
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Hence, trading members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market.
Sd/-
Nitinkumar Pujari
Senior Manager |