Notice No. | 20221209-39 | Notice Date | 09 Dec 2022 | |||
Category | Company related | Segment | Equity | |||
Subject | Revocation of Suspension in trading of equity shares - Sintex Industries Limited (502742) | |||||
Content |
To All Members,
This is with reference to Exchange notice no. 20220321-66dated March 21, 2022, regarding Suspension of trading in equity shares of Sintex Industries Limited (502742), pursuant to the approval of the resolution plan by the Committee of Creditor's members in accordance with Section 30(4) of the Insolvency and Bankruptcy Code, 2016 (Code) read with Regulation 39(3) of the CIRP Regulations, as the successful resolution plan subject to approval of Hon'ble NCLT Ahmedabad.<_o3a_p><_o3a_p>
It may be noted that the resolution plan proposes that existing share capital of the Company shall be reduced to Zero and the Company will be delisted from the stock exchanges.<_o3a_p>
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It may be noted that, pursuant to the order of Hon'ble Securities Appellate Tribunal (SAT) dated November 30, 2022, suspension of trading in the equity shares of<_o3a_p>
<_o3a_p>
<_o3a_p>
Sr. No.<_o3a_p> | Scrip Code<_o3a_p> | Name of the Company<_o3a_p> |
1<_o3a_p> | 502742<_o3a_p> | Sintex Industries Limited <_o3a_p> |
will be revoked w.e.f. December 12, 2022.<_o3a_p>
<_o3a_p>
It may further be noted that the investors dealing in the equity shares of the company are required to take note of information relating to the proposed resolution plan disclosed on the website of the Exchanges and take informed decision accordingly.<_o3a_p>
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<_o3a_p>
Ashok Kumar Singh | <_o3a_p> |
Shyam Bhagirath |
December 09, 2022<_o3a_p>
<_o3a_p>
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