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NINtec Systems Limited — Share Issue/Capital Change 2023
Jun 19, 2023
61223_rns_2023-06-19_a2bf1abc-0210-4744-8b1c-be85a9eac6e1.pdf
Share Issue/Capital Change
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19[th] June, 2023
| To, The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, Mumbai- 400 001 |
To, The Listing Department The National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No..C/1, G Block Bandra Kurla Complex, Bandra(E), Mumbai – 400 051. |
|---|---|
Ref: Security Code: 539843; Security ID: NINSYS
Sub: Disclosure under regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015
Dear Sir / Ma’am,
As per regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 please find below the disclosure regarding issue of bonus shares:
| Whether bonus is out of free reserves created out of profits or share premium account |
The Bonus equity shares shall be issued from free reserves created out of profits of the company. |
|---|---|
| Bonus Ratio | 4:5 i.e. 4 (Four) bonus equity shares of Rs. 10/- each for every 5 (Five) fully-paid up equity shares held as on the record date. The record date will be announced in due course. |
| Details of Share Capital – pre and post bonus issue |
The pre bonus issue paid-up equity capital as on date of this letter is Rs. 10,32,00,000/- consisting of 1,03,20,000 equity shares of Rs. 10/- each. The post-bonus paid up equity share capital shall be Rs. 18,57,60,000/- consisting of 1,85,76,000 equityshares of Rs. 10/- each. |
| Free reserves and/or share premium required for implementing the bonus issue; |
An amount of Rs. 8,25,60,000/- will be utilized out of free reserves for issue of bonus shares. |
| Free reserves and/or security premium available for capitalization and the date on which such balance is available |
Free reserve of Rs. 9,04,57,984 is available on 31stMarch, 2023. |
| Whether the aforesaid figure is audited | The figures of free reserves are as per audited financial statement for the year ended 31st March, 2023 |
| Estimated date by which such Bonus would be credited/dispatched |
Within 2 Months from date of Board’s approval |
Thanking You,
For NINtec Systems Limited
Pooja Digitally signed by Pooja Krishnakant Krishnakant Kadam Date: 2023.06.19 Kadam 17:24:04 +05'30' Pooja Kadam Company Secretary & Compliance Officer
NINtec Systems Limited
B-11, Corporate House, Bodakdev, S.G. Highway, Ahmedabad-380054, Gujarat. I Tel: +91 079 40223008, +91 079 26852554 Email: [email protected] I www.nintecsystems.com I CIN: L72900GJ2015PLC084063