Corporate Announcement
Security Code : 532216    Company : HBSL    
 
Corporate Action-Outcome of Capital ReductionDownload PDF Download XBRL
  Exchange Received Time  17/03/2018 16:43:10         Exchange Disseminated Time   17/03/2018 16:43:12              Time Taken   00:00:02
We would like to inform you that pursuant to the Composite Scheme of Arrangement duly sanctioned by the Hon'ble NCLT, Chandigarh Bench, the duly authorised Capital Restructuring Committee of the Board of Directors in its meeting held today i.e. March 17, 2018 has approved the following:

The Equity Share Capital stands reduced to Rs. 7,13,76,650 (Rupees Seven Crore Thirteen Lakhs Seventy Six Thousand Six Hundred Fifty) comprising of 71,37,665 (Seventy One Lakhs Thirty Seven Thousand Six Hundred Sixty Five) Equity Shares of Rs. 10/- (Rupees Ten) each fully paid-up.

Please refer letter attached herewith for complete information.

 

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