Proseed India Ltd - 590057 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Equivas Capital Pvt Ltd, Srija Hotels & Properties Pvt Ltd & Vivek Kumar Ratakonda Proseed India Ltd - 590057 - Disclosure Under Regulation 30 And Other Applicable Regulations Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015,
i. Allotment of 2,00,00,000 (Two Crore only) Equity shares Rs. 1/- each fully paid up to the Resolution Applicant(s) against the infusion of funds Rs. 2,00,00,000/- as per the terms of Resolution Plan; ii. Allotment of 8,00,00,000 (Eight Crore only) Equity shares of Rs. 1/- each fully paid up to 'Equivas Capital Private Limited', as a consideration other than cash for the acquisition of its digital platform as per the terms of the Resolution Plan. iii. Reclassification of Promoters as per Regulation 31A (9) of SEBI LODR Regulations 2015 Proseed India Ltd - 590057 - Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 (1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Proseed India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2021 ,inter alia, to consider and approve This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, June 03, 2021 at 4 PM at the Registered Office of the Company, inter-alia, to consider the following business transactions - 1. Allotment of Equity Shares on preferential basis as detailed below, to the Promoter(s), pursuant to the approval of the Resolution Plan by the Hon''ble NCLT at Hyderabad bench vide its order dated December 03, 2020. i. Allotment of 2,00,00,000 (Two Crore only) Equity shares Rs. 1/- each fully paid up to the Resolution Applicant(s) against the infusion of funds Rs. 2,00,00,000/- as per the terms of Resolution Plan; ii. Allotment of 8,00,00,000 (Eight Crore only) Equity shares of Rs. 1/- each fully paid up to 'Equivas Capital Private Limited', as a consideration other than cash for the acquisition of its digital platform as per the terms of the Resolution Plan. Proseed India Ltd - 590057 - Shareholding for the Period Ended May 21, 2021
Proseed India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended May 21, 2021. For more details, kindly Click here Proseed India Ltd - 590057 - Change In ISIN Of Equity Shares Pursuant To The Orders Of The Hon'Ble NCLT Under I&B; Code, 2016 (Reduction Of Capital)
This is in furtherance to the recommencement of trading of 30,95,225 Equity Shares of Re. 1/- each allotted post capital reduction, pursuant to the orders of the NCLT, Hyderabad Bench dated December 03, 2020. The new ISIN for equity shares of face value of Rs. 1/- each is INE217G01035. Proseed India Ltd - 590057 - Recommencement Of Trading In Equity Shares Of Company, Allotted Post Capital Reduction Pursuant To The Orders Of The NCLT, Hyderabad Bench Dated December 03, 2020
We herewith enclose a copy of the order given by the NSE for the recommencement of trading in equity shares of Proseed India Limited allotted post capital reduction pursuant to the orders of the NCLT, Hyderabad Bench dated December 03, 2020. Listing of 30,95,225 Equity Shares of Re. 1/- each allotted post capital reduction, admitted to dealings from May 19, 2021, on the National Stock Exchange (Capital Market segment). Proseed India Ltd - 590057 - Submission Of Half Yearly Certificate Under Regulation 40 (9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half-Year Ended 31St March 2021
Please find enclosed herewith certificate under Regulation 40 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half-year ended 31st March 2021 issued by Desina Balaram Krishna, Practicing Company Secretary. Proseed India Ltd - 590057 - SEBI Circular SEBWO/DDHS/C[R/P/2018/44 Dated November 26, 2018 - Fundraised By Issuance Of Debt Securities By Large Entities
With reference to the above SEBI Circular, we would like to inform you that the company i.e., Proseed India Limited is ''not a Large Corporate (LC)'' as per the framework and applicability criteria given under the aforesaid circular. Hence, the disclosure requirement under Para No- 4 of the said circular is not applicable to the Company. Proseed India Ltd - 590057 - Compliances-Reg.24(A)-Annual Secretarial Compliance
M/s. Proseed India Limited is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 as the Annual Secretarial Compliance Report shall not apply to the listed entities having paid-up equity share capital not exceeding Rs. 10 Crores and Net worth not exceeding Rs. 25 Crores as on the last day of the previous financial year. The paid-up equity share capital of the Company is Rs. 6,19,81,981 (Six Crore Nineteen Lakhs Eighty One Thousand Nine hundred and Eighty One only) and the Net worth of the Company for the Financial year is less than Rs. 25 Crores as on the last day of the previous financial year i.e. 31st March, 2021 respectively. In view of the above, the company is exempted under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 to file the Annual Secretarial Compliance Report for the year ended 31 March 2021 to the Stock Exchange. Proseed India Ltd - 590057 - Compliance Certificate Under Regulation 7(2) & (3) Of SEBI (Listing Obligation And Disclosure Requirements) Regulation 2015 For The Period Ended March 31, 2021
With reference to the captioned subject please find enclosed the compliance certificate under Regulation 7(2) & (3) of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015.