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NOTICES
Notice No.   20230216-3   Notice Date   16 Feb 2023
Category   Company related   Segment   Equity
Subject   Listing of Equity Shares of NMDC Steel Limited
Attachments   Annexure I.pdf ;
Content

Trading Members of the Exchange are hereby informed that effective from Monday, February 20, 2023, the equity shares of NMDC Steel Limited shall be listed and admitted to dealings on the Exchange in the list of T 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 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

NMDC Steel Limited     

Registered Office

 

 

 

 

C/O NMDC Iron & Steel Plant Nagarnar Bastar, Chhattisgarh 494001, India

Telephone: +040-23538757

E-mail ID: cs_nisp@nmdc.co.in

Website: https://nmdcsteel.nmdc.co.in

Company Secretary & Compliance Officer

Ms. M. Amala

Tel: 040-23538757

Email ID: cs_nisp@nmdc.co.in

Securities

2,93,06,05,850 Equity shares of Rs. 10/- each allotted pursuant to Scheme of Arrangement

Distinctive numbers

1 to 2930605850

Scrip Code

543768

Group

T

Market Lot

1

Face Value & Paid up value

Rs. 10/- each fully paid

Scrip ID on BOLT System

NSLNISP

Abbreviated name on BOLT

NSLNISP

ISIN No.          

INE0NNS01018

Lock-in

Quantity

Dist. Nos.

Lock in Upto

Not Applicable

 

         1.   The brief particulars of the Composite Scheme of Arrangement are as mentioned below:

a)   The Scheme of Arrangement of the Company was approved by the Ministry of Corporate affairs (MCA) vide Order dated 06.10.2022

 

b)    Appointed Date: 01.04.2021

 

c)    Effective date:  13.10.2022

 

d)    Date of Allotment:  08.11.2022

 

e) Pursuant to the Scheme of Arrangement between NMDC Limited (Demerged Company) and NMDC Steel Limited (Resulting Company) and their respective Shareholders and Creditors, sanctioned by the Ministry of Corporate affairs (MCA); whereby upon coming into effect of the scheme and in consideration of;  

 

For the transfer and vesting of the demerged undertaking i.e. Business of NMDC Iron and Steel Plant at Nagarnar, Chhattisgarh of NMDC Limited into NMDC Steel Limited; NMDC Steel Limited shall issue and allot Equity Shares to the shareholders of NMDC Limited in the following proportion:

 

“1 (One) Fully Paid-Up Equity Share of Rs.10/- each Fully Paid-Up of NMDC Steel Limited shall be issued and allotted for every 1 (One) Fully Paid- Up Equity Share of Re.1/- each Fully Paid-Up held in NMDC Limited”

 

Prior to the Scheme, the paid-up Equity Capital of NMDC Steel Limited was Rs. 11,00,000/- consisting of 1,10,000 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 NMDC Steel Limited post arrangement is Rs. 29,30,60,58,500/- consisting of 2,93,06,05,850 equity shares of face Value of Rs. 10/- each fully paid.

 

2.  As per Exchange Notice No 20221021-55 dated 21.10.2022, NMDC Limited had fixed Record date as 28.10.2022 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:

                                          

Aarthi Consultants Pvt. Ltd.

Domalguda, Hyderabad - 500029

Contact Person: Mr. G. Bhaskara Murthy

Contact Number : 040-27638111, 040-27634445

Fax: 040-27632184

Email: info@aarthiconsultants.com

Website: www.aarthiconsultants.com

 

5. The shareholding pattern of the company post Scheme of Arrangement is enclosed as
 Annexure-I.

 

 

 

Rupal Khandelwal

Assistant General Manager

Thursday, February 16, 2023