Resolution Plan - suspension of trading in equity shares of Parabolic Drugs Ltd (Scrip Code 533211) |
SUB. : - Resolution Plan - suspension of trading in equity shares of Parabolic Drugs Ltd (Scrip Code 533211).
Trading members of the Exchange are hereby informed that, Parabolic Drugs Ltd has fixed the Record Date for the purpose of suspension and delisting of entire share capital of the company as provided in Resolution Plan approved by the Hon’ble National Company Law Tribunal, Chandigarh Bench:
COMPANY NAME &
CODE
|
RECORD DATE
|
PURPOSE
|
NO DEALINGS FROM
DATE &
SETT. NO.
|
Parabolic Drugs Ltd
(533211)
|
29/01/2021
|
As per the Resolution Plan approved by Hon’ble NCLT under provision of Insolvency & Bankruptcy Code 2016 :
Suspension of Trading in Company equity on the Exchange
Note : As per the approved Resolution Plan, the existing issued, subscribed and paid-up share capital of the company shall stand extinguished and the Company delisted without any payment to the shareholders of the company holding such existing shares.
|
28/01/2021
DR- 209/2020-2021
|
Trading Members of the Exchange are requested to take note of it.
Marian D’souza
Manager – Listing Operations (CRD)
January 25, 2021 |