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NOTICES
Notice No.   20231018-51   Notice Date   18 Oct 2023
Category   Corporate Actions   Segment   Equity
Subject   Resolution Plan- Suspension due to Reduction of Equity Share Capital of VICEROY HOTELS LTD. (Scrip Code: 523796)
 
Content

 

Trading members of the Exchange are hereby informed that, VICEROY HOTELS LTD has fixed Record Date for the purpose of the Reduction of Share Capital as per the Resolution Plan approved vide Order passed by the Hon’ble National Company Law Appellate  Tribunal, Chennai Bench.

 

Trading Members are advised not to deal in the Equity Shares of the Company as per details given below:-   

                

COMPANY NAME & CODE

RECORD DATE

PURPOSE

 

No Dealings/ Suspension  w.e.f.

Date/Settlement No.

VICEROY HOTELS LTD.

 

(523796)

 

20/10/2023

 

As per the Resolution Plan approved by Hon’ble National Company Law Appellate Tribunal, Chennai Bench:-

Cancellation and Extinguishment of Promoters  Shareholdings:

 

The entire Equity Shares held by the existing Promoters/Promoter Group shall be reduced and extinguished;

 

Reduction and consequent Consolidation of  Equity Shares held by Public Shareholders :

 

The Equity Shares held by existing Public Shareholders shall stand restructured, reduced, reorganized, consolidated and extinguished (as required)  such that the Equity Shares held by the existing Public Shareholders post such Capital reduction and Consolidation shall be  6,31,579 Equity shares of Rs.10/- each constituting 1% (One Percent) of the Issued and Paid Up Equity Share Capital of the Company;

20/10/2023

DR- 638/2023-2024

 

Trading Members of the Exchange are requested to take note of it.

 

Marian Dsouza

Senior Manager –Listing Operations (CRD)

October 18, 2023