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KFin Technologies Limited — Capital/Financing Update 2023
Oct 23, 2023
60369_rns_2023-10-23_4f7d5234-5598-42d6-8820-ecae2cbd4540.pdf
Capital/Financing Update
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October 23, 2023
CS&G/STX/DQ2023/20
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1) National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
Scrip Symbol: KFINTECH
2) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 543720
Sub. : Update on Buyback
- Ref. : Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”)
Dear Sir / Madam,
This is further to our letter reference no. CS&G/STX/DQ2023/17 dated October 23, 2023, submitting the voting results of the Extraordinary General Meeting held on October 23, 2023, along with the Scrutinizer’s Report, wherein the members of the Company, by way of a special resolution, approved the buyback of 1,000 (one thousand) non-convertible redeemable preference shares of face value INR 200 (Indian Rupees two hundred) each (“ RPS ”) (“ Buyback ”).
Subsequent to the above intimation, the Company received a copy of the order dated October 23, 2023, issued by the Office of the Joint Director, Enforcement Directorate, Hyderabad Zonal Office (“ ED ”), to Mr. Adhiraj Parthasarathy, wherein the ED has provisionally attached the RPS and further ordered that such RPS cannot be transferred, disposed, parted with or otherwise dealt with in any manner, whatsoever, until or unless specifically permitted to do so by the ED.
Accordingly, the Company will not be in a position to proceed with the Buyback until the aforesaid provisional attachment order is set aside.
Details as per with BSE’s Circular No. 20230714-34 dated July 14, 2023, and NSE’s Circular No. NSE/CML/2023/57 dated July 14, 2023, are as under:
| Date of occurrence of event / information | October 23, 2023 |
|---|---|
| Time of occurrence of event / information | 6:24 p.m. IST |
This is for your information and records.
Thanking you,
Yours faithfully,
For KFin Technologies Limited
ALPANA Digitally signed by ALPANA UTTAM UTTAM KUNDU Date: 2023.10.23 KUNDU 23:32:11 +05'30'
Alpana Kundu
Company Secretary and Compliance Officer
ICSI Membership No.: F10191
CIN: L72400TG2017PLC117649 [email protected]