Trading members of the Exchange are hereby informed that the under mentioned new securities of Silverline Technologies Limited are listed and permitted for trading on the Exchange with effect from Thursday, December 06, 2007.
|
Name of the Company |
: |
Silverline Technologies Limited (STL) |
|
Registered Office |
: |
Unit –121, SDF IV,
Seepz, Andheri (E),
Mumbai – 400 096
Tel: 022 – 28291950/28290447
Fax: 022 – 28290199
Wed Site: www.silverline.com |
|
Securities |
: |
2,95,64,867 Equity Shares of Rs.10/- each fully paid-up issued on reorganisation of capital of the company pursuant to the scheme of Arrangement |
|
Distinctive numbers |
: |
20092-20121, 25782-25791, 33292-33301, 351633-351642, 415312-426452, 431823-29985488 |
|
Scrip Code |
: |
500389 |
|
Group |
: |
B2 |
|
Market Lot |
: |
1 Share |
|
Face Value & Paid up value |
: |
Rs.10/- each fully paid |
|
Scrip ID on BOLT System |
: |
SILVERLINE$ |
|
Abbreviated name on BOLT System |
: |
SILVERLINE T |
|
ISIN No. |
: |
INE368A01021 |
2. Trading members may note that the Equity Shares in dematerialised form after the Scheme of Arrangement has been credited in the new ISIN No. INE368A01021. Henceforth, trading members should deal in the new ISIN No. INE368A01021 only and not to deal in the old ISIN No. INE368A01013
4. The particulars of the Scheme of Arrangement are as mentioned below:
a) The Scheme of Arrangement of the Company was approved by the Hon'ble High Court of Bombay, vide its order dated October 26, 2007.
b) Appointed Date: July 01, 2006
c) Effective date: October 26, 2007
d) Date of Allotment: November 22, 2007
e) The issued, subscribed and paid-up equity capital of the company before the scheme of arrangement was Rs. 29985.48 lacs consisting of 29,98,54,884 equity shares of face value of Rs.10/- each fully paid up.
…2
: 2 :
f) Pursuant to the scheme, the Animation Business Division of STL was transferred to Silverline Animation Technologies Ltd. (SATL). In consideration therefore, SATL has issued and allotted shares in the ratio of 4 (four) equity share of Rs.10/- each fully paid up for every 100 (One Hundred) equity shares of Rs.10/- each held in STL.
g) Post Demerger, equity share capital of STL was reorganized by way of reducing the face value of each equity share of the company from Rs.10/- per equity share to Re 1/- per equity share. Thereupon 10 equity shares of the reduced face value of Re. 1/- each has been consolidated into 1 new equity share of Rs.10 each fully paid up.
h) The issued, subscribed and paid-up equity capital of the company post arrangemnt comes to Rs.2998.54 lacs consisting of 2,99,85,488 equity shares of the face value of Rs.10/- each fully paid up.
5. As per Exchange Notice No. 20071107-25 dated November 07, 2007, the company has fixed November 20, 2007 as “Record Date”, for giving effect to the scheme of arrangement. Accordingly dealing in the abovementioned securities of the company was stopped with effect from November 13, 2007.
6. Trading members may also note that in respect of shares held in physical form, the company has issued new certificates only on surrender of the old equity shares certificates of the company.
7. Trading members of the Exchange are informed that the Equity Share certificates in physical form bearing the undermentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market.
|
Sr. No. |
Name of the company appearing on the share certificate |
Distinctive Numbers |
Date of Issue |
Good/Bad Delivery |
|
1 |
Silverline Technologies Limited |
1 - 299854884 |
Before Record Date |
Bad |
|
2 |
Silverline Technologies Limited |
1 – 29985488 |
After Record Date |
Good |
Hence, trading members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market.
8. The share transfer documents should be sent to the registrar of the company at the address mentioned below:
M/s Intime Spectrum Registry Limited,
(Unit: Silverline Technologies Limited)
C – 13, Pannalal Silk Mills Compound,
L.B.S. Marg, Bhandup (West), Mumbai – 400 078
Tel. No. 022 – 25963838
Fax No. 022 - 25946969
9. The Company’s Financial Year ends on 30th June.
10. In case the trading members require any clarification on the subject matter of the notice, they may please contact Ms. V. Venkatraghavan, VP Finance & Company Secretary, STL, on Tel. No.: 022-28291950/28290447 or the undersigned on Tel. Nos. 022 22721233/34 Extn: 8437 or 9920260646 (m).
(Ashok Kumar Singh)
Deputy Manager – DCS
Tuesday, December 04, 2007 |