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Rollatainters Ltd. — Capital/Financing Update 2024
May 9, 2024
64159_rns_2024-05-09_5bc3ca9a-f7a9-49cb-a3ce-b0177ba173f3.pdf
Capital/Financing Update
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Ref.No.: RTL/BSE/NSE/2024-25 Date:09[th] May 2024
| To, The Secretary BSE Limited Phiroze Jeejeebhoy, Towers Limited Dalal Street, Mumbai - 4000 01 Scrip Code: 502448 |
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|---|---|
| The Secretary National Stock Exchange Limited, Exchange Plaza Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 |
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| Symbol: ROLLT |
Subject: Outcome of the Board Meeting held today i.e. Thursday, May 09, 2024- Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
Dear Sir/Ma’am,
Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, we would like to inform you that the Board of Directors in their meeting held on Thursday, May 09, 2024 has approved and took note the Share Purchase Agreement ("SPA") dated May 09, 2024, entered between W.L.D. Investments Private Limited (Preference Shareholder) (“Seller”) and Newtime Infrastructure Limited (“Purchaser”).
In terms of the SPA, the Seller has agreed to sell the following Preference Shares of the Company to the Purchaser:
| Seller | Description of Transfer Shares | Consideration | Buyer |
|---|---|---|---|
| W.L.D. Investments Private Limited |
10,00,000 (Ten Lakh ) 2% Non-Convertible Redeemable Preference Shares, fully paid up of Rs.100/- each in Rollatainers Limited. 1,40,000 (One Lakh Forty Thousand) 10% Non-Convertible Redeemable Preference Shares, fully paid up of Rs.100/- each in Rollatainers Limited. |
Rs. 6, 33, 00,000/- (Rupees Six Crore Thirty Three Lakh Only) |
Newtime Infrastructure Limited |
With effect of this SPA, the Board has approved the transfer of Preference Shares from W.L.D. Investments Private Limited (Transferor) to Newtime Infrastructure Limited (Transferee) with effect from 09th May 2024.
The Board Meeting commenced at 03:45 P.M. and concluded at 04:00P.M.
You are requested to kindly take the above information on your records.
Thanking You,
For Rollatainers Limited
ADITI JAIN
Digitally signed by ADITI JAIN Date: 2024.05.09 16:25:29 +05'30'
(Aditi Jain) Company Secretary and Compliance Officer