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Linc Pen & Plastics Ltd.

BSE: 531241 Sector: Services
BSE 00:00 | 24 Apr 2020 Linc Pen & Plastics Ltd
NSE 05:30 | 01 Jan 1970 Linc Pen & Plastics Ltd

Announcement under Regulation 30 (LODR)-Allotment

March 11, 2020, 5:55 pm | Source: BSE

Kindly note the outcome of the Meeting of the Committee of Board of Directors (constituted for giving effect to the Scheme) held on 11th March 2020:-

1. The Company allotted 1674806 Equity Shares of Rs. 10/- each to the Shareholders of LWAPL (Transferor Company) whose name appear in the register of members of LWAPL as on the Amalgamation Record date 06.03.2020 pursuant to the approval of the Scheme of Arrangement and Amalgamation by Honble NCLT Kolkata Bench vide order dated 17.01.2020 certified copy of the order received on 24.02.2020 and made effective on 26.02.2020 (i.e. the date of filing of INC-28)

2. Cancelled 1588475 Equity Shares of Rs. 10/- each held by LWAPL (Transferor Company) in the Company in accordance with the Scheme.

3. Post allotment and cancellation as above the paid-up share capital of the Company will be Rs. 148722910/- (increased by Rs. 863310/-).