CREST VENTURES LIMITED - 511413 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Crest Ventures Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here CREST VENTURES LIMITED - 511413 - Declaration Of Result Of Postal Ballot In Terms Of Regulation 44(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
In continuation of our letter dated February 23, 2022, the Company had issued Postal Ballot Notice pursuant to Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, as amended from time to time, for seeking approval of the Shareholders of the Company, to transact the following Special Business: a) by way of Special Resolution to sell, transfer, convey, assign or otherwise dispose-off, the Company''s investment in equity shares of its associate company, Classic Mall Development Company Limited (CMDCL), to The Phoenix Mills Limited (either by themselves and/or through their affiliates) and; b) by way of Ordinary Resolution for appointment of Ms. Sheetal Kamalnayan Kapadia (DIN: 03317767) as Non-Executive, Non-Independent Director of the Company. CS Ajit Sathe was appointed as the Scrutinizer for conducting the aforesaid Postal Ballot process, in a fair and transparent manner, has submitted his Report dated March 29, 2022. CREST VENTURES LIMITED - 511413 - Closure of Trading Window
This is to inform you that in terms of the Company''s "Code of Conduct for Prevention of Insider Trading" adopted by the Company under the SEBI (Prohibition of Insider Trading) Regulations, 2015 read with amendments thereto and further referring to the clarifications regarding trading restriction period given by BSE vide its circular dated April 02, 2019 vide Ref No: LIST/COMP/01/2019-20, the Trading Window for dealing in the securities of the Company shall remain closed for all Designated/ Connected Persons from 1st April, 2022 till the end of 48 hours after declaration of Audited Financial Results for the quarter and year ended on 31st March, 2022. The date of Board Meeting for consideration and declaration of the Audited Financial Results for the quarter and year ended on 31st March, 2022 shall be intimated to you separately. Request you to kindly take the above information on your records. CREST VENTURES LIMITED - 511413 - Board Meeting Outcome for Intimation Of Board Comments On Non-Compliance Of Regulation 17(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 As Identified And Intimated By The Exchanges To The Company.
Accordingly, the matter was discussed by the Board and it was noted that the said delay in compliance of aforesaid regulation on account of pending prior approval from Reserve Bank of India ('RBI') for appointment of Ms. Sheetal Kapadia (DIN:03317767) as an Additional, Non-Executive, Non-Independent Director in professional capacity on the Board of the Company. The Board further noted that the Company has already submitted an application to the respective Stock Exchanges on February 28, 2022 for waiver of fines levied. The RBI had given its approval for the said appointment vide letter December 02, 2021 and subsequently, the Board had appointed Ms. Sheetal Kapadia w.e.f. December 14, 2021. This intimation is being given in compliance with the advice given by the exchanges vide notices as stated above. CREST VENTURES LIMITED - 511413 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In continuation of our letter dated February 23, 2022 and with reference to the captioned subject, we are enclosing herewith copy of newspaper advertisement published in Financial Express (English) and Mumbai Lakshadeep (Marathi) with respect to completion of dispatch of Notice of Postal Ballot electronically. Kindly take the same on your records. Thanking you. CREST VENTURES LIMITED - 511413 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Postal Ballot Notice dated February 19, 2022 together with explanatory statement sent electronically only to the Members of the Company, whose names appear in the Register of Members/Beneficial Owners as received from National Securities Depository Limited ('NSDL')/ Central Depository Services (India) Limited ('CDSL') and who have registered their e-mail addresses in respect of electronic holdings with NSDL/CDSL through the concerned Depository Participants and in respect of physical holdings with the Company's Registrar and Share Transfer Agent as on February 18, 2022 (Cut-off date) for seeking approval on the resolutions as mentioned in the said Notice. CREST VENTURES LIMITED - 511413 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Pursuant to Regulation 30 of the SEBI Listing Regulations we hereby inform that the Company along with its Wholly Owned Subsidiary, i.e., Escort Developers Private Limited ('Escort') has proposed to dispose off its entire equity shareholding being 38,49,058 (Thirty Eight Lakhs Forty Nine Thousand Fifty Eight) Equity Shares aggregating to 50% (fifty per cent) of the Equity Share Capital in its associate company, Classic Mall Development Company Limited, subject to the approval of shareholders as per the provisions of Section 180 of the Companies Act, 2013 for a consideration of INR 918 Crores (Indian Rupees Nine Hundred and Eighteen Crores) approximately to The Phoenix Mills Limited (either by themselves and/or through their affiliates) ('Purchaser'). CREST VENTURES LIMITED - 511413 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Pursuant to Regulation 30 of the SEBI Listing Regulations we hereby inform that the Company along with its Wholly Owned Subsidiary, i.e., Escort Developers Private Limited ('Escort') has proposed to dispose off its entire equity shareholding being 38,49,058 (Thirty Eight Lakhs Forty Nine Thousand Fifty Eight) Equity Shares aggregating to 50% (fifty per cent) of the Equity Share Capital in its associate company, Classic Mall Development Company Limited, subject to the approval of shareholders as per the provisions of Section 180 of the Companies Act, 2013 for a consideration of INR 918 Crores (Indian Rupees Nine Hundred and Eighteen Crores) approximately to The Phoenix Mills Limited (either by themselves and/or through their affiliates) ('Purchaser'). CREST VENTURES LIMITED - 511413 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Dear Sir / Madam, SUB: NEWSPAPER ADVERTISEMENT OF UNAUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2021 With reference to the captioned subject, we are enclosing herewith copy of newspaper advertisement published in Financial Express (English) and Mumbai Lakshadeep (Marathi) in respect of Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December, 2021. Kindly take the same on your records. Thanking you.