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NOTICES |
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Notice No. |
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20231018-51 |
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Notice Date |
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18 Oct 2023 |
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Category |
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Corporate Actions |
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Segment |
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Equity |
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Subject |
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Resolution Plan- Suspension due to Reduction of Equity Share Capital of VICEROY HOTELS LTD. (Scrip Code: 523796) |
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Content |
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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
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RECORD DATE
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PURPOSE
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No Dealings/ Suspension w.e.f.
Date/Settlement No.
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VICEROY HOTELS LTD.
(523796)
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20/10/2023
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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;
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20/10/2023
DR- 638/2023-2024
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Trading Members of the Exchange are requested to take note of it.
Marian Dsouza
Senior Manager –Listing Operations (CRD)
October 18, 2023
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