| Trading members of the Exchange are hereby informed that the under mentioned new securities of Axis- IT&T Ltd. (Scrip Code: 532395, ISIN No: INE555B01013) are listed and permitted for trading on the Exchange with effect from Tuesday, July 11, 2006.
Securities
42,02,000*Equity Shares of Rs.5/- each issued to the shareholders of erstwhile Axis Computers (India) Pvt. Ltd. pursuant to Scheme of Amalgamation of the Company.
Dist. Nos. 15487161 to 19689160
* These shares are ranking pari-passu with the existing equity shares of the company.
2. Trading members may please note that 10,50,500 equity shares of the Company bearing distinctive nos. as mentioned below are under lock-in for a period upto August 31st, 2009 and therefore these
shares would not be good delivery in the market till then. The company has confirmed that the share certificates have been enfaced with a stamp regarding its non-transferability.
Distinctive number Number of shares
From To
15921221 16657050 735830
18923341 19238010 314670
TOTAL 1050500
3. The brief particulars of the Scheme of Amalgamation are as mentioned below:
a) The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Delhi vide its Order dated 12th July, 2005.
b) Appointed Date: 12th July, 2005
c) Date of Allotment: 7th December 2005
d) Exchange Ratio - For every 1 equity share of Rs.5/- each held in erstwhile Axis Computers (India) Pvt. Ltd. 11 equity share of Rs.5/- each of the company has been issued.No new shares are issued for the amalgamation of IT&T Learning
Solutions Ltd. as this company is a wholly owned subsidiary of the company.
4. The company's financial year ends on 31st March. | | Powered by Capital Market - Live News |
|