Reed Relays and
Electronics India Limited
Manufacturer of Reed Switches, Reed Sensors and Reed-based products
Reed Relays and Electronics India Limited Incorporated in 1971
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Reduction of Share Capital Approved

The shareholders of the Company and the general public, be informed that the National Company Law Tribunal, Chennai Bench (the NCLT / NCLT), has confirmed the resolution for reduction of share capital of the Company vide its order dated 04th October 2017 by approving special resolution passed by the shareholders of the Company on 12th December 2016.

The Board of Directors has fixed 11th October 2017, as the Record Date for determining the list of persons entitled to receive the amount of Rs. 107/- (One Hundred and Seven only) per share.

Pursuant to the Order of the NCLT, the paid-up share capital of the Company

STANDS REDUCED FROM

Rs. 1,07,68,090 (Rupees One Crore Seven Lakhs Sixty Eight Thousand and Ninety Only) consistingof 10,76,809 (Ten Lakhs Seventy Six Thousand Eight Hundred and Nine Only) equity shares of Rs.10/- (Rupees Ten Only) each

TO

Rs. 43,48,470 (Rupees Forty Three Lakhs Forty Eight Thousand Four Hundred and Seventy Only) consisting of 4,34,847 (Four Lakhs Thirty Four Thousand Eight Hundred and Forty Seven Only) issued, subscribed and paid up equity shares of Rs.10/- (Rupees Ten Only) each

BY WAY OF CANCELLING

6,41,962 (Six Lakhs Forty One Thousand Nine Hundred and Sixty Two) issued, subscribed and paid up equity shares of Rs.10/- (Rupees Ten Only).

The Company is making arrangement to open necessary bank account and deposit the amount that is to be paid to the shareholders.

CONSEQUENT TO THE ORDER OF NCLT, ALL THE EXISTING SHARE CERTIFICATES OF NON-PROMOTER SHAREHOLDERS IS TREATED AS CANCELLED AND ARE NOT TRADEABLE.

Persons holding share certificates of the Company are requested to send the same to the Company’s Registrar and Share Transfer Agent (RTA), at the following address:

GNSA INFOTECH LTD
Block E &F, 115 Nelson Manickam Road, Aminthakarai,
Chennai-600029
Phone: 044-42962025
Email: sta@gnsaindia.com

On receipt of the share certificates, the Company shall make arrangements to send demand draft drawn in the name of the 1st shareholder as per the records available with the Company.

YOU ARE HEREBY CAUTIONED THAT THE COMPANY SHALL NOT BE ENTERTAINING ANY REQUESTS FOR TRANSFER OF SHARES OF THE COMPANY AFTER THE SAID RECORD DATE AND ANY DEALING IN COMPANY’S CANCELLED SHARE CERTIFICATES IS VOID.

Copy of NCLT Order can be found here.