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Mahalaxmi Rubtech Ltd. — Capital/Financing Update 2022
Mar 12, 2022
60266_rns_2022-03-12_f63a7e42-2a99-4fc6-a126-44ad5c4e8e95.pdf
Capital/Financing Update
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_______________ Mahalaxmi RubT ech L imited
OFFSET PRINTING BLANKETS I T E C H N I C A L C O A TE D FABRICS
Ref: MRT/CS/Correspondence/2021-22/07
Date: March 12, 2022
To,
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C /l, G - Block, Bandra Kurla Complex, Bandra (East], Mumbai - 400 051, Maharashtra, India.
Dear Sir/Madam,
Sub: Acquisition of Shares and Voting Rights in Mahalaxmi Exports Private Limited - Wholly Owned Subsidiary Company.
Trading Symbol: MHLXMIRU
Series: EQ
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, We inform your good self that the Company has further acquired Shares and Voting Rights in its Wholly Owned Subsidiary (WOS) Company namely Mahalaxmi Exports Private Limited (C1N: U17299GJ2019PTC110673).
WOS has issued 28,50,000 number of Equity Shares at a Face Value of Rs. 10/- each, for business purpose, on a right basis in its Board Meeting held on 12th March, 2022, which have been fully paid up by the Company, for cash, aggregating to 1NR 2,85,00,000/- (Rupees Two Crores and Eighty-Five Lacs Only), resulting into 100% shareholding in WOS.
WOS has been incorporated on 05th November, 2019. It is engaged in the textile business. It falls within the related party transaction and the same is done at arm length basis. Promoters cum Directors of the Company are also Directors in WOS. It does not require any governmental or regulatory approvals for acquisition.
You are kindly requested to take the above on records.
Thanking you,
Yours faithfully,
FOR, MAHALAXMI RUBTECH LIMITED
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COMPANY SECRETARY ICSI MEMBERSHIP NO.: A 60855
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CORPORATE OFFICE:
MAHALAXMI HOUSE, YSL AVENUp. OPR KETAV PETROL PUMP POLYTECHNIC ROAD. AMBAWADI, AHMEDABAD - 380 015. INDIA. TELEPHONE: +91-79-40008000 FAX: +91-79-40008030
WORKS:
REGD. OFFICE:
UMA INDUSTRIAL ESTATE, PHASE III, VILLAGE: VASNA-IYAVA. 47 |sj£w CLOTH MARKET TALUKA: SANAND, DISTRICT: AHMEDABAD - 382 170. INDIA. AHMEDABAD - 380 002 INDIA TELEPHONE: 02717-284309, 2843 10 FAX: 02717-284152 TELEPHONE + 9 1 -79-22160776 E-MAIL: [email protected] WEBSITE: www.mrtglobal.com CIN NO L25190GJ1991PLC016327