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SRF Ltd. — Share Issue/Capital Change 2021
Aug 31, 2021
61903_rns_2021-08-31_b02be1ed-e26a-4213-b428-fa2c786ed139.pdf
Share Issue/Capital Change
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The Corporate Relationship Department, BSE Limited Ist Floor, New Trading Ring Rotunda Building, P.J. Towers Dalal Street, Mumbai 400 001 Scrip Code- 503806
National Stock Exchange of India Limited “Exchange Plaza” Bandra-Kurla Complex Bandra (E) Mumbai 400 051
Scrip Code-SRF
SRF/SEC/BSE/NSE
31.08.2021
Subject: Outcome of Board meeting-declaration of Bonus Issue
Dear Sir,
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors at their meeting held today (started at 11:55 a.m. and concluded at 2:00 p.m.) inter-alia considered and approved Bonus Issue of Equity Shares in the proportion of 4 (Four) Equity Share of Rs. 10/- each for every 1 (One) Equity Shares of Rs. 10/- each held by the shareholders of the Company as on the record date, subject to the approval of shareholders through Postal Ballot in compliance with the applicable laws.
The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. ClR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure - I.
Thanking you,
Yours faithfully,
For SRF Limited
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Rajat Lakhanpal Vice President (Corporate Compliance) & Company Secretary
SRF LIMITED Block-C Sector 45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: [email protected] Website: www.srf.com Regd. Office: Unit No. 236 & 237, 2nd Floor DLF Galleria, Mayur Place Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091
Corporate identity No. L181010L1970PLC005197
Annexure-I
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Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
| S. No. | Particulars | Disclosures | |
|---|---|---|---|
| 1. | Type of securities proposed to be issued (viz. equity shares, convertibles etc.) |
Equity Shares of Rs. 10/- each | |
| 2. | Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) |
Bonus Issue | |
| 3. | Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) |
Rs. 236,98,08,200/- divided into 23,69,80,820 Equity Shares of Rs. 10/- each |
|
| 4. | Whether bonus is out of free reserves created out of profits or share premium account |
Bonus shares will be issued out of securities premium account of the Company available as at March 31, 2021 |
|
| 5. | Bonus ratio | 4 (Four) equity share of Rs 10/- each for every 1 (One) existing equity shares of Rs.10/- each held as on record date |
|
| 6. | Details of share capital - pre and post bonus issue |
Pre-bonus paid up share capital Rs. 59,24,52,050 divided into 5,92,45,205 equity shares of Rs. 10/- each Post– bonus paid up share capital Rs. 296,22,60,250 divided into 29,62,26,025equity shares of Rs. 10/- each |
|
| 7. | Free reserves and/ or share premium required for implementing the bonus issue |
Securities premium of Rs. 236,98,08,200 is required for implementing the Bonus issue. |
|
| 8. | Free reserves and/ or share premium available for capitalization and the date as on which such balance is available |
As on March 31, 2021 , the balance of Rs. 736,24,96,299 is available in securities premium account. |
SRF LIMITED Block-C Sector 45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: [email protected] Website: www.srf.com Regd. Office: Unit No. 236 & 237, 2nd Floor DLF Galleria, Mayur Place Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091
Corporate identity No. L181010L1970PLC005197
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| 9. | Whether the aforesaid figures are audited | Yes |
| 10. | Estimated date by which such bonus shares would be credited/dispatched |
Within 2 months from the date of Board Approval i.e. by 30thOctober, 2021 |
SRF LIMITED Block-C Sector 45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: [email protected] Website: www.srf.com Regd. Office: Unit No. 236 & 237, 2nd Floor DLF Galleria, Mayur Place Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091
Corporate identity No. L181010L1970PLC005197