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NOTICES
Notice No.   20241014-44   Notice Date   14 Oct 2024
Category   Corporate Actions   Segment   Equity
Subject   Resolution Plan- Suspension due to Reduction of Equity Share Capital of SUMEET INDUSTRIES LTD (Scrip Code: 514211)
 
Content

Trading members of the Exchange are hereby informed that, SUMEET INDUSTRIES 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 Tribunal, Ahmedabad Bench,

Trading Members are advised not to deal in the Equity Shares of SUMEET INDUSTRIES LTD with effect from the under mentioned date:-                         

COMPANY NAME & CODE

RECORD DATE

PURPOSE

 

No Dealings/ Suspension  w.e.f.

Date/Settlement No.

SUMEET INDUSTRIES LTD

(514211)

 

18/10/2024

 

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

i) 100% of the equity share capital held by the existing Promoter Shareholders to be  cancelled without payment of any consideration. Thereby all existing promoters of the Company have ceased to the Promoters of the Company.

ii) The Public Shareholding shall be 5% post Reduction of Share Capital.

18/10/2024

DR- 739/2024-2025

 

 Marian Dsouza

Senior Manager –Listing Operations (CRD)

October 14, 2024