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LLOYDS ENTERPRISES LIMITED — Capital/Financing Update 2021
May 12, 2021
59383_rns_2021-05-12_7856ea61-d8fa-4ca7-ba00-d573dd3a8edf.pdf
Capital/Financing Update
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SHREE GLOBAL TRADEFIN LIMITED
Regd. Off: 35, Ashok Chambers, Broach Street, Devji Ratansey Marg,Masjid, Mumbai – 400 009. Tel. 022 – 2348 0526 email : [email protected] CIN : L27100MH1986PLC041252 Website : www.sgtl.in
Date: 12[th] May, 2021
To,
BSE Limited
The Corporate Relationship Department P.J. Towers, 1[st] Floor, Dalal Street, Mumbai – 400 001
Sub: Outcome of Meeting of Board of Directors pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015
Ref: BSE Scrip Code: 512463 BSE Scrip ID: SHRGLTR
Dear Sir,
With reference to the captioned subject and in terms of the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Shree Global Tradefin Limited at their Meeting held today i.e. 12[th] May, 2021 has considered and approved the Allotment of 13,26,21,156 Equity Shares of Re. 1/- each on Preferential basis at a premium of Rs. 1.50 each to Non- Promoters for consideration other than cash pursuant to share swap basis through Resolution passed in the Extra Ordinary General Meeting held on 30[th] March, 2021 pursuant to the provisions of Section 42, 62(1) (c) and other applicable provisions of The Companies Act, 2013 and SEBI ((Issue of Capital and Disclosure Requirements) Regulations, 2018 for which In Principle approval has been received from BSE Limited vide letter no. DCS/PREF/BA/PRE/1201/2021-22 dated 30[th] April, 2021.
Below are the details as required as per Regulation 30 of SEBI (LODR) Regulations, 2015 read with Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015:
i. Names of the Investors:-
-
Metallurgical Engineering and Equipments Limited
-
FirstIndia Infrastructure Private Limited
ii. Post allotment of securities
- Outcome of the subscription: 13,26,21,156 Equity Shares of face value of Re. 1/- per Equity Share are allotted at an issue price of Rs. 2.50 per share (including Premium of Rs. 1.50 per share) amounting to Rs.
PRIYANKA Digitally signed by PRIYANKA KALPESH AGRAWAL DN: c=IN, o=Personal, title=8256, pseudonym=ea4c2a1eb24d12397656e3f0281207d237222b34c4acda1df67586273547ed26, KALPESH postalCode=440015, st=Maharashtra, serialNumber=645288b2da4c1899c2ba7ee2f5 86337cef9b398525f36238dd10a49dbe10edd4, cn=PRIYANKA KALPESH AGRAWAL AGRAWAL Date: 2021.05.12 14:35:30 +05'30'
SHREE GLOBAL TRADEFIN LIMITED
Regd. Off: 35, Ashok Chambers, Broach Street, Devji Ratansey Marg,Masjid, Mumbai – 400 009. Tel. 022 – 2348 0526 email : [email protected] CIN : L27100MH1986PLC041252 Website : www.sgtl.in
33,15,52,890/- on Preferential allotment basis to below mentioned Non Promoters for consideration other than cash i.e. in lieu of acquisition of their 46.12% collective stake in the equity shares of Lloyds Steels Industries Limited (“LSIL”) through swapping of shares of the Company:
| Sr. No |
Name of Allottees (Non Promoters) |
%age of stake in LSIL |
No of Shares of LSIL to be transferred to Shree Global Tradefin Limited (“the Company”) |
No. of shares of Shree Global Tradefin Limited allotted for the Acquisition of LSIL Shares |
Value of Rs. 2.50/- per Share Allotted |
|---|---|---|---|---|---|
| 1 | Metallurgical Engineering and Equipments Limited |
14.06% | 12,63,67,638 | 4,04,37,644 | 10,10,94,110 |
| 2 | FirstIndia Infrastructure Private Limited |
32.05% |
28,80,73,478 | 9,21,83,512 | 23,04,58,780 |
| Total | 46.12% | 41,44,41,116 | 13,26,21,156 | 33,15,52,890 |
Issue Price/ Allotted Price
Equity Shares are issued and allotted at a price of Rs. 2.50 per share (Face Value Re. 1/- per share + Premium Rs. 1.50 per share) for consideration other than cash. The price has been fixed in accordance with SEBI (ICDR) Regulations, 2018
Number of Investors:- Two (2)
Consequent to the aforesaid allotment of 13,26,21,156 , the paid up equity capital of the Company has increased from Rs. 1,13,95,05,465/- consisting of 1,13,95,05,465 Equity Shares of Re. 1/- each to Rs. 1,27,21,26,621/- consisting of 1,27,21,26,621 Equity Shares of Re. 1/- each.
The Meeting of Board of Directors commenced today at 01:30 p.m. and concluded at 02.30 p.m.
PRIYANKA Digitally signed by PRIYANKA KALPESH AGRAWAL DN: c=IN, o=Personal, title=8256, pseudonym=ea4c2a1eb24d12397656e3f0281207d237222b34c4acda1df67586273547ed KALPESH 26, postalCode=440015, st=Maharashtra, serialNumber=645288b2da4c1899c2ba7ee2f 586337cef9b398525f36238dd10a49dbe10ed AGRAWAL d4, cn=PRIYANKA KALPESH AGRAWAL Date: 2021.05.12 14:36:05 +05'30'
SHREE GLOBAL TRADEFIN LIMITED
Regd. Off: 35, Ashok Chambers, Broach Street, Devji Ratansey Marg,Masjid, Mumbai – 400 009. Tel. 022 – 2348 0526 email : [email protected] CIN : L27100MH1986PLC041252 Website : www.sgtl.in
The above intimation is given to you for your record, Kindly take the note of the same.
Thanking you, Yours faithfully, For Shree Global Tradefin Limited
PRIYANKA KALPESH AGRAWAL Digitally signed by PRIYANKA KALPESH AGRAWAL DN: c=IN, o=Personal, title=8256, pseudonym=ea4c2a1eb24d12397656e3f0281207d237222b34c4acda1df67586273547ed26, postalCode=440015, st=Maharashtra, serialNumber=645288b2da4c1899c2ba7ee2f586337cef9b398525f36238dd10a49dbe10edd4, cn=PRIYANKA KALPESH AGRAWAL Date: 2021.05.12 14:36:36 +05'30'