Members are requested to note that the above security will be a part of special pre-open session for IPO and Other category of scrip’s as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.
For further information on SPOS, the trading members are requested to refer to the Exchange’s notice no. 20120216-29 on Enabling Special Pre-open Session for IPO’s & Relisted Scrips. For any clarification on SPOS, the trading members may please contact the Helpdesk on 022-6136 3100 / 6136 3171.
Name of the Company
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Registered Office
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Darjiyan Wali Gali, Rayya Teh- Baba Bakala,
Amritsar, Punjab- 143112
Tel: +91 1853 500 435
Email Id: pplho@prakash.com
Website: www.prakashplastics.in
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Company Secretary & Compliance Officer
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Mr. Pawan Kumar
Mob. No: +91 9990760046
Email ID: pawank@prakash.com
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Securities
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2,04,18,354 Equity shares of Rs. 10/- each allotted pursuant to Scheme of Arrangement.
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Distinctive numbers
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1- 20418354
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Scrip Code
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542684
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Group
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T
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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
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Scrip ID on BOLT System
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PPL
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Abbreviated name on BOLT
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PPL
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ISIN No.
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INE050001010
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Lock in
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Quantity
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Distinctive No.
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Lock in upto
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247406
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1116099 to 1363504
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09/09/2021
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65860
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1392178 to 1458037
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31/03/2020
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1. The brief particulars of the Scheme of Arrangement are as mentioned below:
a) The Scheme of Arrangement of the Company was approved by the Hon'ble National Company Law Tribunal (NCLT) at Chandigarh vide its Order dated 14.03.2019
b) Appointed Date: 01.04.2018
c) Effective date: 15.04.2019
d) Date of Allotment: 25.04.2019
e) Pursuant to the Scheme of Arrangement between Prakash Industries Limited (Demerged Company) and Prakash Pipes Limited (Resulting Company) and their respective Shareholders and Creditors as sanctioned by the Chandigarh Bench of the Hon’ble National Company Law Tribunal; whereby upon coming into effect of the scheme and in consideration of the transfer and vesting of PVC Pipes undertaking (Demerged Undertaking) of Demerged Company into Resulting Company; Resulting Company shall issue and allot in the ratio of 1 (One) fully paid-up equity shares of Rs.10/- each for every 8 (Eight) fully paid-up equity shares of Rs.10/- each held in Demerged Company.
Prior to the Scheme, the equity capital of Resulting Company was Rs. 1,00,000/- consisting of 10,000 equity shares of face value of Rs.10/- each and the same shall stand cancelled upon the scheme coming effect.
The issued, subscribed and paid-up equity capital of Resulting Company post arrangement is Rs. 20,41,83,540/- consisting of 2,04,18,354 Equity shares Rs. 10/- each.
2. As per Exchange Notice No.20190412-42 dated 12.04.2019, Prakash Industries Limited had fixed Record date as 24.04.2019 for giving effect to the Scheme of Arrangement.
3. The Information Memorandum containing all the information about the company can be
viewed at https://www.bseindia.com/corporates/soa.aspx
4. The name and address of the registrar and share transfer agent of the company is as
mentioned below:
Prakash Pipes Limited
Address- ‘Srivan’, Near IOC Petro Pump, Najafgarh Road,
Bijwasan, New Delhi-110061
Tel: +91 11 2530 5800
Fax: +91 11 2806 2119
E-mail ID: pplho@prakash.com
Website: www.prakashplastics.in
5. The shareholding pattern of the company post scheme of arrangement is enclosed as Annexure-I.
Nitinkumar Pujari
Senior Manager
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