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Bodal Chemicals Ltd Capital/Financing Update 2021

Aug 19, 2021

61062_rns_2021-08-19_25b0d487-936a-4708-be60-bd7f8561b5e3.pdf

Capital/Financing Update

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Sec/21-22/46 Date: 19-08-2021

To, The General Manager, Department of Corporate Services. Bombay Stock Exchange Ltd. 1st Floor, New Trading Ring, Rotunda Building, P. J. Tower, Dalal Street, Fort Mumbai-400 001 BSE CODE :524370

To, The General Manager, National Stock Exchange of India Ltd., Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex Bandra (E), Mumbai - 400 051 NSE Code: BODALCHEM

Dear Sir/ Madam,

Sub: Disclosure /Intimation of Disposal/Sell of Unit VI of the Company Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

As per the above captioned subject, Bodal Chemicals Ltd has decided to sell its Unit - VI, situated at Plot No. 606,607, G.I.D.C., Panoli, Nr. Ankleshwar, Dist. Bharuch, Gujarat. The disclosure in the terms of Pursuant to the Regulation 30 of SEBI (Listing obligation and Disclosure Requirements) Regulation, 2015 are as follows :

Sr. Particulars Description
No.
1 The amount and percentage of the turnover
or
worth
revenue
or
income
and
net
contributed by such unit or division of the
listed entity during the last financial year
(2020-21);
Turnover or revenue or income and net
worth contributed by unit-VI in total revenue
or Net worth of the Company is Nil.
Further, Unit-VI is Inoperative. Unit VI is not
a significant unit in terms of revenue or net
worth of the Company. Also, Company has
not calculated capacity of Unit VI in total
production of capacity disclosed by the
company.
The Unit will be sold at the prevailing
market rates and selling price also not
substantial compared to the size of the
Company.
2 The agreement for sale has been entered
into
On or before 15th September, 2021.
3 The
expected
of
completion
of
date
sale/Elis130sal
Within Three month from date of Execution
of Agreement.
4 Consideration
received
from
such
--1
sale/ ·
Rs.80.00 lakhs

HEAD OFFICE:

I Plot No. 123-124, Phase-1, www.bodal.com G.I.D.C, Vatva, Ahmedabad- 382 445., Gujarat, India.

5 Brief details of buyers and whether any of
the
buyers
belong
to
the
promoter/
promoter group/group companies. If yes,
details thereof
No
6 Whether the transaction would fall within
related party transactions? If yes, whether
the same is done at "arms' length"
NA
7 Additionally,
of a slump sale,
in
case
indicative
provided
for
disclosures
amalgamation/merger, shall be disclosed by
the listed entity with respect to such slump
sale
N.A.

This is for your Record please.

I HEAD OFFICE:

Plot No. 123-124, Phase-1, """ ho l,11 l\111 G.l.D.C, Vatva, Ahmedabad- 382 445., Gujarat, India.

CIN No.: L24110GJ1986PLC009003

Tel: +91 9909950855 +91 9909950856 E-mail: [email protected] I